China Now Sits On Plenty Of Cotton
By O.A. Cleveland,
Cotton Experts
The 2019-20 cotton marketing year can now be retired to the history books. Six months into the year, we felt like that the news reels would discuss this season in terms of record world consumption, U.S. exports of 17.5 million bales and much stronger U.S. mill consumption.
For sure the U.S. was looking at potentially a record share of the world export market, and even growers were expecting to expand 2020 planted acres.