2011 Increase In US Cotton Output
Flanagan, senior expert on analysis of cotton futures in the United States, said recently, although 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 that the United States planted cotton area of 67 million 70 thousand mu this year, an increase of 21% over the same period.
Cotton planting area may reach 82 million 10 thousand mu in 2011/12, but it is expected next year.
American cotton
The rate of abandoned cultivation reached 15%, much higher than that of 2.4% this year, and the growth of cotton will not be as good as this year.
If the next spring sowing period, the main cotton producing area will encounter serious problems.
drought
The increase in US cotton production will be limited, and the December 2011 contract will be supported.
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