Cotton consumption on pace to set all-time world record
Story Date: 7/27/2018

 

Source: SOUTHEAST FARM PRESS, 7/24/18


There is “a really big increase” in overall cotton demand globally, and if projections for the new marketing year hold, it will be the most cotton that has ever been consumed worldwide, says Hank Reichle, executive vice president of the Staplcotn cooperative at Greenwood, Miss. “We’re finally climbing above the demand levels we had before the recession and $2 cotton,” he said at the joint annual meeting of the Mississippi Boll Weevil Management Corporation and the Mississippi Farm Bureau Federation Cotton Policy Committee. “Certainly, a highlight of this year is the fast rebound we’re seeing in cotton consumption.”

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