Broadcast Newsline: February 15, 2008

2007 was a tough year. Cotton acreage had a 14 percent decrease and weather conditions for most of the cotton belt were extreme.

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 introductions cut 1:
2007 was a tough year. Cotton acreage had a 14 percent decrease and weather conditions for most of the cotton belt were extreme. But According to Dr. Gary Adams, Vice-President of Economics and Policy Analysis for the National Cotton Council, producers still managed a 19 million bale crop.

Suggested introduction cut 2:
For 2008 Adams is estimating nine and a half million acres producing a crop of fifteen point four million bales. He is also anticipating a decrease in U.S. mill use.

Suggested introduction cut 3:
According to Adams, china will continue to be the largest customer of the U.S. cotton.

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