Cotton

Tristan Morris

Background● Old World, Colonies, Slavery ● Upland cotton (Gossypium hirsutum L.) ● Major States: Texas, Georgia,

Mississippi

Background● Products: Fiber, Seed, Seed Oil, Meal● In more recent years it competes with

synthetic fabrics● Blended

Market● Global Production:

1st India, 2nd China, 3rd USA● USA largest exporter

Market● Price increasing

○ Drop in inventory○ Global economic growth○ Weaker US dollar○ Pink Bollworm Damage in India

Market● USDA monthly report● Farm Bill

Referencehttps://www.ams.usda.gov/market-news/cotton

http://www.cottoninc.com/corporate/Market-Data/MonthlyEconomicLetter/

http://www.cotton.org/econ/cropinfo/cropdata/rankings.cfm

https://www.ers.usda.gov/topics/crops/cotton-wool/background/

https://seekingalpha.com/article/4142660-cotton-prospects-looking-good-lower-level