This week’s Cotton Newsline is 3 cuts. All cuts are Joe Nicosia, CEO, Allenberg Cotton Company.
Suggested introduction cut 1:
The current cotton surplus is almost 9 million bales which is the second largest in the last 20 years. Joe Nicosia, CEO of Allenberg Cotton Company believes bringing that number down is going to be a very large task for the industry.
Suggested introduction cut 2:
Nicosia warned producers not to be passive in the market place.
Suggested introduction cut 3:
Nicosia also shared some strategy for the coming season.