This week’s Cotton Newsline is 5 cuts. All cuts are Gary Adams vice president of economics and policy analysis for the National Cotton Council.
Suggested Introduction 1:
In its September report, USDA raised both mill use and export estimates. Gary Adams, vice president of economics and policy analysis for the National Cotton Council says cotton demand has gotten off to a good start early in the year.
Suggested Introduction 2:
Adams says export estimates were raised to 15.5 million bales.
Suggested Introduction 3:
According to Adams there are a number of reasons for the optimism of U.S. cotton exports.
Suggested Introduction 4:
Adams points out that only two months into the marketing year there were 8 million bales of exports on the books.
Suggested Introduction 5:
Adams says use is expected to exceed production in the 2010-2011 marketing year.