Vice President for Economics and Policy Analysis Dr. Gary Adams reviews the NCC’s Early Season Planting Intentions Survey.
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Adams says the higher cotton prices of recent weeks are reflected in growers’ intentions to increase acreage by more than 9 percent over last year.
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Even with the higher prices, Adams says, there is increased competition from other crops.
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The Southwest and Mid-South regions show the largest planting increases, while peanuts and soybeans are strong competitors for cotton acreage in the Southeast.
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Adams cautions that it’s still early, and market shifts and weather will have a bearing on growers’ final decisions between now and planting time.