NEW YORK, NEW YORK - In a year in which a series of factors contributed to an historic high in cotton prices, global leaders of the cotton industry are convening at Rancho Palos Verdes in California to explore issues and opportunities. The event, which takes place from November 9 through November 12, is the sixth biennial Sourcing USA Summit presented by Cotton Council International and Cotton Incorporated. This year's Summit will attract over 450 attendees from 24 countries, who represent the full spectrum of the global cotton supply chain.

"These Summits present an opportunity to share information and a take a global pulse of the key issues in the cotton supply chain," said Wallace (Wally) Darneille, Cotton Council International President. J. Berrye Worsham, President and CEO of Cotton Incorporated added, "As in previous years, this year's Summit will include sharing information on cotton production, processing and trade; as well as economic outlooks.

Among the world-class speakers addressing the assembly will be:

• Dr. Marci Rossell, former CNBC Chief Economist and Co-Host of SQUAWK BOX;

• Mr. Jack Uldrich, a futurist and best-selling author;

• Mr. John Anderson, President and CEO of Levi Strauss & Co.;

• Mr. Kurt Cavano, Chairman and CEO of TradeCard; and

• Mr. J. Berrye Worsham, President and CEO of Cotton Incorporated.

Since 1997, Cotton Council International and Cotton Incorporated jointly present the Sourcing USA Summits. The biennial meeting gathers global leaders along the cotton supply chain for an open exchange of ideas and the opportunity to share best practices, learn of emerging trends and new technologies to improve their individual business segments and the industry as a whole.

SOURCE: Cotton Incorporated