US Cotton Outlook

US Cotton Outlook

The future looks rosier for U.S. cotton production and market prices. It's what happens in between now and then that remains uncertain. A lowered crop production worldwide for both new crop and old crop cotton, including significant declines for India, which has emerged in the last few years as a big export competitor for the United States. On the downside, China's cotton usage was cut by 250,000 bales for the old crop year and 500,000 bales for new crop, in keeping with expectations we've been hearing about lower demand and economic slowdowns

However, projected declines for world cotton ...