
← Morning Coffee and Ag Markets10. Aug. · 19 Min.
Episode 99 - Global Cotton Mill Use at a Six-Year High
Episode 99 - Global Cotton Mill Use at a Six-Year High
Hunter Biram and Ryan Loy dig into why global cotton mill use is projected to reach its highest level since the 2017/18 marketing year, the fourth consecutive year of growth. They explain how the gain is concentrated in China, India, and Pakistan, which together account for nearly 75 percent of this year's increase, and why demand happening thousands of miles away shows up in the price an Arkansas producer sees. Ryan unpacks how rising crude oil prices have made cotton more competitive with p...