Views: 0 Author: Site Editor Publish Time: 2020-04-28 Origin: Site
The United States—planting intention is higher than market anticipation
According to USDA’s March planting intentions survey report, US cotton areas are projected at 13.703 million acres in 2020, including 13.475 million acres of upland cotton and 0.228 million acres of Pima, up from the previous forecast of 12.70 million acres. The actual cotton areas in 2019 are assessed at 13.738 million acres.
|US cotton areas (1,000 acres)|
Besides, by the week ending Apr 5, about 7% U.S. cotton crops have been planted, up 2% from a year ago, and up 2% from five-year average.