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 November crop report, USDA estimated a 2019-20 U.S. cotton crop of 20.82 million bales due to a smaller crop in the southwestern United States. Upland production was estimated at 20.07 million bales and extra-long staple production was set at 747,000 bales. Dr. Jody Campiche, Vice President of Economics and Policy Analysis for the National Cotton Council, joins us to take a closer look at the numbers.
Suggested Introduction 2:
Meanwhile, U.S. export sales have remained strong for the 2019-2020 crop year.
Suggested Introduction 3:
Over all, world production was lowered by 3 million bales mostly due to lower production in the U.S., Pakistan, China, India, and Turkey.