This week’s Cotton Newsline is 3 cuts. All cuts are Gary Adams, vice president of economics and policy analysis for the National Cotton Council.
Suggested Introduction 1:
The USDA numbers indicate that at the beginning of the marketing year there were approximately 62 million bales of cotton stock globally. Currently, those numbers indicate that by the end of the marketing year, there will only be 51 million bales. Gary Adams, vice president of economics and policy analysis for the National Cotton Council says the sharp drop USDA is calling for results from a combination of what happened with world production as well as what is going on with world consumption.
Suggested Introduction 2:
Adams says the
Suggested Introduction 3: