Bears back in control of global cotton market

Robinson, Elton
April 2012
Western Farm Press Exclusive Insight;4/12/2012, p6
The article highlights the U.S. Department of Agriculture's (USDA's) April 10, 2102 World Agriculture Supply and Demand Estimates. USDA raised world ending stocks to a bearish 66.1-million bales based on cotton discovered in India, pulling 2012 cotton futures lower on the day. USDA increases stock estimates for China but lowered ending stocks for U.S. based on lower cotton production. Mississippi State University professor O. A. Cleveland comments on the USDA outlook.


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