According to Informa Economics, a private analyst agency, the total planting area of ​​cotton in the United States in 2011 was close to 13 million acres.
Comprehensive media on January 4 news, personal analysis agency Informa Economics estimates the United States in 2011 upland cotton planting area of ​​12.805 million acres.
Analysts said that if high-grade pit area is included, Informa's projections will boost the overall cotton planting area in the United States in 2011 to nearly 13 million acres.
If the US cotton planting area exceeds 11.04 million acres, the planting area is expected to jump to a five-year high. This is due to the fact that the price of cotton in the United States soared to a record high of US$1.5912 per pound last month, and the market did not show signs of falling below the psychological level of one pound per pound.
Cotton industry companies will hold the annual National Cotton Cotton Annual Conference (Beltwide Cotton Conference) from January 4th to 7th in Atlanta, Georgia.
Comprehensive media on January 4 news, personal analysis agency Informa Economics estimates the United States in 2011 upland cotton planting area of ​​12.805 million acres.
Analysts said that if high-grade pit area is included, Informa's projections will boost the overall cotton planting area in the United States in 2011 to nearly 13 million acres.
If the US cotton planting area exceeds 11.04 million acres, the planting area is expected to jump to a five-year high. This is due to the fact that the price of cotton in the United States soared to a record high of US$1.5912 per pound last month, and the market did not show signs of falling below the psychological level of one pound per pound.
Cotton industry companies will hold the annual National Cotton Cotton Annual Conference (Beltwide Cotton Conference) from January 4th to 7th in Atlanta, Georgia.
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