Source: Elton Robinson, SOUTH EAST FARM PRESS, 7/27/11

Whether high cotton prices of 2010-11 deferred cotton demand, or destroyed a portion of it, is an uncertainty the cotton market will tackle in the coming months, according to Joe Nicosia, CEO of Allenberg Cotton Co., featured speaker at the Cotton Roundtable in New York City in July.

Nicosia said during the event held at the Intercontinental Exchange in Downtown Manhattan that 3 million to 4 million bales have been replaced with polyester in response to record high prices in 2010-11.

For more of this story, click here.