This week’s Cotton Newsline is 3 cuts. All cuts are Dale Cougot, Senior Economist for the National Cotton Council.
Suggested introduction cut 1:
USDA’s World Agriculture Supply and Demand Estimate for March is projecting lower mill use and increased exports for the 2008/09 US Cotton crop. Dale Cougot, Senior Economist for the National Cotton Council says production estimates remain unchanged at 23.09 million bales.
Suggested introduction cut 2:
Cougot says the world estimates show lower production and mill use.
Suggested introduction cut 3:
According to Cougot world consumption in also down.