Today’s Cotton Newsline is 2 cuts. All cuts are Dr. Jody Campiche, Vice President of Economics and Policy Analysis for the National Cotton Council.
Suggested Introduction 1:
According to the Department of Agriculture, U.S. cotton production in 2021/22 is projected to rise 2.4 million bales, but total supply is projected at its lowest in 5 years, and both exports and ending stocks are forecast lower than in 2020/21. Dr. Jody Campiche, Vice President of Economics and Policy Analysis for the National Cotton Council, joins us with a further breakdown of the latest report.
Suggested Introduction 2:
For the 2020 world balance sheet, production is relatively unchanged while beginning stocks and consumption were lowered.