Cotton Acres On the Rise

Cotton Acres On the Rise ( Source: National Cotton Council; Photo: Chris Bennett )

Projected cotton returns are currently more favorable than some competing commodities, such as soybeans, which seem to be encouraging more cotton acres. According to farmer responses to the National Cotton Council’s annual planting intentions survey, that increase could reach 2.9% for a total of 14.45 million acres. USDA, on the other hand, is estimating a 1.1%  increase to 14.25 million acres.

Cotton Acreage Change

 

Comments