Applied DNA Sciences Inc (APDN): World cotton production is expected to i...

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Re: WishfulThinking1 post# 40366

Tuesday, 05/03/2016 10:16:17 AM

Tuesday, May 03, 2016 10:16:17 AM

World cotton production is expected to increase slightly limiting the reduction in world ending stocks in 2016-17. After contracting 9 per cent to 31.2 million hectares in 2015-16, world cotton is projected to expand by 1 per cent to 31.4 million hectares as declining prices for competing crops in 2015-16 encourages farmers to return to cotton in 2016-17 despite low prices.

Fibre2Fashion News Desk – India

- See more at: http://www.fibre2fashion.com/news/textile-news/china-s-cotton-reserve-sales-begin-may-3-179249-newsdetails.htm#sthash.iTbiKwuP.dpuf

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