Today's Cotton Newsline is 4 cuts. All cuts are Shawn Boyd, Agricultural Economist for the National Cotton Council.
Suggested Introduction 1:
In its June report, USDA lowered its 2013 U.S. cotton production estimate. Shawn Boyd, Agricultural Economist for the National Cotton Council, provides a breakdown of the report.
Suggested Introduction 2:
For the 2012-2013 marketing year, USDA gauged US cotton production at 17.32 million bales, which is unchanged from their May report.
Suggested Introduction 3:
World production for this marketing year is also down according to the report.
Suggested Introduction 4:
However, for the 2012-2013 marketing year, world production is up.
