Today's Cotton Newsline is 3 cuts. All cuts are Gary Adams, Vice President of Economics and Policy Analysis for the National Cotton Council.
Suggested Introduction 1:
In its February report, USDA projected the 2012-2013 US cotton crop to be 17 million bales, unchanged from the January report. Exports were raised 300,000 bales to 12.5 million bales. Gary Adams, Vice President of Economics and Policy Analysis for the National Cotton Council provides more information on the report.
Suggested Introduction 2:
China remains the largest customer of U.S. cotton.
Suggested Introduction 3:
According to the report, world production is noticeably higher than world mill use.