This week’s Cotton Newsline is 3 cuts. All cuts are Carol Skelly, Fibers Analyst, USDA World Agricultural Outlook Board.
Suggested introduction cut 1:
World cotton production will need to rise in 2008 in order to meet the rising global demand for fiber. Carol Skelly, Fibers Analyst with the USDA World Agricultural Outlook Board, says the potential is there for foreign production to meet the demand.
Suggested introduction cut 2:
Analysts are predicting another decrease in U.S. cotton acres. Skelly says foreign markets will have to pick up the slack.
Suggested introduction cut 3:
Skelly predicts that mill use will remain strong.