Today'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:
The National Cotton Council's 30th Annual Early Season Planting Intentions Survey results show US cotton producers intend to plant 9.01 million acres of cotton this spring, down 26.8% from 2012. Gary Adams, Vice President of Economics and Policy Analysis for the National Cotton Council, shares more details from the survey.
Suggested Introduction 2:
The largest decline in acreage can be expected in the Mid-South.
Suggested Introduction 3:
Grains will be the primary competitor of cotton in the Southwest.
Suggested Introduction 4:
The West will also see a decline in acreage.
Suggested Introduction 5:
Adams reminds listeners that the planting expectations are only a snapshot of intentions based on market conditions at the time of the survey.