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Cotton market woes loom with looming exports and acreage shifts
The article notes projected export reach of 8.2 million bales for the season with weekly shipments near 200 000 bales to August 1995. It highlights record production and use, a 10 cent rally, and warns of volatile next year as acreage rises in Texas and Delta regions. It discusses possible 21 million bale crops, potential stock increases, and price risks including a looming price shock while synthetic fibers gain share, especially with China expanding man-made fiber use.
MENTIONED IN THIS ARTICLE
Lee Arrington
Congress
Environmental Protection Agency
White House
EPA
USDA
Clinton
Carl Anderson
Pakistan
India
Uuti
U.S
China
Texas
Delta
West