Broadcast Newsline: July 22, 2016

A combination of slightly lower production and significantly higher consumption has reduced this month’s global cotton stock forecast for both 2015-16 and 2016-17.

Today’s Cotton Newsline is 3 cuts. All cuts are Dr. Jody Campiche, Vice President of Economics and Policy Analysis for the National Cotton Council.

Suggested Introduction 1:

A combination of slightly lower production and significantly higher consumption has reduced this month’s global cotton stock forecast for both 2015-16 and 2016-17. Dr. Jody Campiche, Vice President of Economics and Policy Analysis for the National Cotton Council, joins us to break down the latest numbers from USDA.

Suggested Introduction 2: 

And when it comes to world mill use, 

Suggested Introduction 3:

Reductions in consumption were included for India, Pakistan, and Vietnam – the three largest exporters of cotton yarn to China. 

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