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:
In its February report, USDA projected the 2019-20 U.S. cotton crop to reach 20.10 million bales, unchanged from the January report. Dr. Jody Campiche, Vice President of Economics and Policy Analysis for the National Cotton Council gives us a closer look at the numbers and explains how the coronavirus outbreak affects the global cotton market.
Suggested Introduction 2:
China currently accounts for 2 million bales of the 16.5 million export estimate.
Suggested Introduction 3:
USDA increased world cotton production by 1.3 million bales, mostly in Pakistan and Brazil.