&Nbsp Is Affected By International Cotton Prices, And Cotton Planting Area Is Increasing In The United States.
American cotton Flanagan, a senior expert on futures analysis, said International cotton price The cotton planting area in the United States may increase, but due to the continuous rainfall below the normal level in the cotton producing areas of Texas and Alabama, the rate of abandoned cotton in the United States is likely to increase.
Data show that since the end of August this year, Texas has a total rainfall of only 20.2 mm, less than the five year average of 27 percentage points; Luis Anna S is below the five year average of 43 percentage points. The weather model shows that the drought in the western part of Texas will continue until next May, due to the influence of La Nina meteorology and the sowing period (usually 3-6 months).
Flanagan said this year the United States Cotton planting area For 67 million 70 thousand mu, an increase of 21% over the same period. Cotton planting area may reach 82 million 10 thousand mu in 2011/12, but
It is estimated that the US cotton upland rate will be 15% next year, much higher than 2.4% this year, and the growth of cotton will not be as good as this year. If the main cotton producing areas suffered severe drought during the spring sowing period next year, the increase in cotton production in the United States will be limited, and the contract will be supported in December 2011.
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