The Cotton Board’s producer members recently participated in a “Segment Swap” program designed to give them a better understand of how cotton importers make their sourcing decisions.
In a move that could add more pressure to global cotton prices, China has announced that it will cut 2015 cotton import quotas to the minimum 894,000 tons required under its commitments to the World Trade Organization.
Growers may look at yield and see income. But it’s the quality aspects of their cotton – and the associated premiums – that could mean extra profitability.