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Source: John Hart, FARM PROGRESS, 8/19/20
The COVD-19 pandemic has clearly impacted yarn and fiber demand as consumers purchased less clothing and other textile products, and cotton took a direct hit in mill use. In a Aug. 18 webinar, Jon Devine, senior economist with Cotton Incorporated, noted that global mill use estimates for cotton for 2019/2020 are down 15% from January while yarn and fiber production is up 2 percent. For more of this story, click here.
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