American Cotton Planting Area Record Low

It is understood that the U. S. cotton planting area recorded a low record, the analysis agency expects the United States this year corn planting area of 88 million 737 thousand acres, compared with the U.S. Department of agriculture (USDA) estimate of 460 thousand acres.

According to foreign news May 14th, not only is China's cotton planting area hitting the lowest level since 1950s this year.

It will also touch a historical low.

InformaEconomics said that American growers shifted from cotton to sowing soybeans for more than expected.

The agency said it was too early to make a judgement on whether cotton production would also decline.

Steering Sowing Soybean

Informa's data released on Thursday showed that more farmers turned to soybeans compared with corn.

The analysis expects us corn planting area to be 88 million 737 thousand acres this year, which is 460 thousand acres less than the US Department of agriculture (USDA) estimate.

Despite the accelerated planting conditions in the Midwest this month, most commentators believe that the continuous disruption of field operations has led to the loss of maize planting opportunities in the southeast this month.

Meanwhile, the CBOT price continues to increase farmers' soybean planting area instead of corn.

Soybean planting area will record this year. Informa expects us soybean planting area to be 87 million 185 thousand acres.

This is 2 million 550 thousand acres higher than the US Department of agriculture's estimate, and its acreage increased by 5 million acres.

Most of the increase in planting area comes from

。

Informa expects cotton acreage to be 9 million 334 thousand acres.

The level was reduced by 1 million 700 thousand acres over the previous year and 215 thousand acres less than the official estimate.

Water resources to increase production

Yes

It is too early to make a judgement on the decline, because the rate of abandonment has changed greatly.

The average rate of abandonment was 21% in five years, but the proportion fluctuated from 2.3% in 2010 to 36% in 2011.

JudithGanes-Chase, a soft commodities analyst, said: "lower prices will reduce the amount of acreage, which may be offset by lower yields and lower abandonment rates."