American Produce Exchange Markets

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This acre- age estimate is available to, and is used by, the Department of Agriculture. The first Census Bureau report, issued in June, gives estimated acreage as of May 25th. Thereafter, twice monthly, the bureau reports on the amount ginned. In March the total quantity ginned is reported. The Department of Agriculture through the crop reporting board makes six reports yearly on cotton. The first, issued on June 2d, reports the acreage and con- dition of the crop on May 25th, by states. Therea...fter, in July, August, September and October, the condition of cotton is reported for the twenty-fifth of the month previous. The last report, issued about December 10th, publishes the estimate of the total production of cotton by states for the year.
Private reports on cotton fall heir to much the same criticism that is directed against the government reports. Among the total number will be found many which are little more than guess work, and in which no credence can be placed. But, on the other hand, some of the private reports are prepared with the utmost care that large and costly organizations can give and deserve the confidence reposed in them.


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