TITLE

FROM THE TURNROW... World Export Market Demands Higher Quality U.S. Cotton

AUTHOR(S)
Cloveland, O. A.
PUB. DATE
January 2005
SOURCE
Southeast Farm Press;1/12/2005, Vol. 32 Issue 2, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the record 2004 United States cotton crop highlighted the first world crop in excess of 100 million bales. World production soared to 114 million bales, 15.5 million bales above 2003 production. The record United States crop, 22.8 million bales, was 25 percent above the 2003 crop. Yield in the United States was a record 828 pounds, nearly 100 pounds above the previous record established last year at 730 pounds. This record production set the stage for low prices. However, a record consumption, estimated at 103 million bales by the USDA, alleviated the market's pressure to fall to the 32 cent level as was the case in 2001.
ACCESSION #
15839427

 

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