This week’s Cotton Newsline is 3 cuts. All cuts are Dr. Gary Adams, Vice-President of Economics and Policy Analysis for the National Cotton Council.
Suggested introduction cut 1:
Approaching the 2007 planting season, grain and soybean prices are trading 30 to 50 percent above year-ago levels. According to Dr. Gary Adams, Vice-President of Economics and Policy Analysis for the National Cotton Council, shifts from cotton to other commodities is anticipated for 2007.
Suggested introduction cut 2:
Looking at the global cotton market, Adams says China continues to be a dominant player as the world’s largest producer, processor and importer.
Suggested introduction cut 3:
As mill use has declined, export channels have become the primary outlet for U.S. cotton. However, relying on international markets brings its own set of challenges.
