Reduced cotton production forecast

Laws, Forrest
March 2005
Southeast Farm Press;3/9/2005, Vol. 32 Issue 8, p10
Trade Publication
The article focuses on the reduced cotton production forecast. After shattering records in several countries and the world in 2004, world cotton production is expected to decline nearly 14 million bales to 103 million bales in 2005. A 14-million-bale decrease would be the largest decline ever and the largest percentage decline since 1992-93. World cotton acreage will decline in most countries in the Northern Hemisphere, due to lower cotton prices in 2004-05. Only Australia and Brazil, both in the Southern Hemisphere, are expected to increase cotton plantings in the 2005-06 marketing year.


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