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USDA projects tight outcomes for both the old and new crop marketing years. Suggested Event Jun 15, 2021 to Jun 17, 2021 Last year at this time, I wrote a column titled “Burdensome old and new crop cotton stocks.” This year the benchmark May WASDE is showing the opposite. This report from USDA projects tight outcomes for both the ‘20/’21 (“old crop”) and ‘21/’22 (“new crop”) marketing years.    Let’s start with the world numbers. The old crop world numbers reflected modest tightening compared to April. On the supply side, world carry-in was lowered...

With this warning, the stlis delay from anchorage is longer than usual. mr. mason, thank you for joining us. >> thank you, keith. >> explain briefly how a blowout reventer works and what testing tells them before you install them? >> well, blowout preventer works in two different ways. one, to sheer the well off in -- if the primary way doesn't work which is to seal the pipe off. and to test the b.o.p.s is what they call an integrity test to see if they hold up to the pressures. >> what exactly is the claim you've made about the testing that bp and its contractors have done on the b.o.p.s? on ...

Them. >> well, a blowout preventer works in two different ways. one, to shear the well off if the primary way doesn't work, which is to seal the pipe off. to test the bops it's what they call an integrity test to see if they hold up to the pressures. >> so what exactly is the claim you've made about the testing that bp and its contractors have done on the blowout preventers? >> well, when they test the bops they're supposed to hold each test for five minutes, at 5,000 psi. to cut corners they hold the test 30 seconds or so on each one. they have a spin chart with an ink pen on the spin chart, ...

Service, mr. mason, thank you for joining us. >> thank you, keith. >> explain briefly how a blowout preventer works and what testing tells them before you install them. >> well, a blowout preventer works in two different ways. one, to shear the well off if the primary way doesn't work, which is to seal the pipe off. to test the bops it's what they call an integrity test to see if they hold up to the pressures. >> so what exactly is the claim you've made about the testing that bp and its contractors have done on the blowout preventers? >> well, when they test the bops they're supposed to hold e...