This week’s Cotton Newsline is 3 cuts. All cuts are Dr. Gary Adams, Vice-President of Economics and Policy Analysis for the National Cotton Council.
Suggested introduction cut 1:
As the 2007 cotton crop moves from the field to market, U.S. producers are going to rely heavily on export markets. According to Dr. Gary Adams, Vice-President of Economics and Policy Analysis for the National Cotton Council, one of the biggest issues for 2007 was the reduction of U.S. cotton acreage.
Suggested introduction cut 2:
Looking ahead to the 2008 season, Adams says other commodities still continue to dominate the market.
Suggested introduction cut 3:
Looking at the global balance sheet, Adams says production in 2007 did not keep pace with consumption.