California Cotton Bounces Back
Brenda Carol
Improving Expectations
Currently, the expectation is that between 200,000 and 360,000 acres of cotton will be planted in California.
"It depends on what happens with water allocation and the price of cotton," Williams says. "In September, we sold out of '08 Pima and now '09 is selling, which seems to be pushing prices higher. We're looking at $1.30 to $1.40 (per pound) for Pima and over 80 cents for upland."
That sentiment is echoed by Bowles as well as others, and it translates into cautiously optimistic numbers in planting intentions as well as price regardless of whether it's Pima or upland varieties.
source : cottonfarming
Brenda Carol
Improving Expectations
Currently, the expectation is that between 200,000 and 360,000 acres of cotton will be planted in California.
"It depends on what happens with water allocation and the price of cotton," Williams says. "In September, we sold out of '08 Pima and now '09 is selling, which seems to be pushing prices higher. We're looking at $1.30 to $1.40 (per pound) for Pima and over 80 cents for upland."
That sentiment is echoed by Bowles as well as others, and it translates into cautiously optimistic numbers in planting intentions as well as price regardless of whether it's Pima or upland varieties.
source : cottonfarming
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