Fortress Paper Ltd.

A new report issued by the US Department of Agriculture (USDA) says more than one out of every 10 cotton acres in the country will be lost to other crops this year. The USDA’s “Prospective Planning” Report released March 30 forecasts cotton acreage to drop to 13.155 million acres, down 11 percent from last year’s total. The report also says products such as corn, soybeans, peanuts, and wheat will take hold of the acreage left behind by...