Source: FARM PROGRESS, 12/20/19


For all the headlines about trade disputes and weak demand, production and supply will still be major influences on the 2020 U.S. cotton market. First there is the carry-in from 2019. As of this writing, the size of the 2019 U.S. crop is still uncertain, and will influence the supply of next year’s balance sheet in the form of potentially large carry-in stocks. Then there is the question of 2020 production. The lingering farmer sentiment about growing cotton is probably mixed. Certain parts of the eastern Cotton Belt had very good yields in 2019.

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