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2005 Cotton Situation, Outlook and Management Strategies

Explore the 2005 cotton situation with detailed insights from Charles Curtis, Jr., of Clemson University. Discover management strategies based on the National Cotton Council Survey of 2/19/05 and expert opinions on export probabilities and price forecasts. Learn about increased exports, reduced US use, and the potential impact on market prices. Find out how smart marketing decisions can lead to improved profitability in a slightly surplus cotton production year.

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2005 Cotton Situation, Outlook and Management Strategies

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  1. 2005 Cotton Situation, Outlook and Management Strategies Charles Curtis, Jr Applied Economics & Statistics Clemson University

  2. National Cotton Council Survey 2/19/05

  3. National Cotton Council Survey 2/19/05 (cont.)

  4. National Cotton Council Survey 2/19/05 (cont.)

  5. National Cotton Council Survey 2/19/05 (cont.)

  6. Export Wildcard

  7. Dec 05 Probabilities

  8. Source: G. Shumaker, UGA

  9. Cotton Marketing with LDP’s

  10. Summary • 2004 left 2005 with excess supplies • Plantings up slightly – Yield? • 2005 Use expected: • Reduced US use • Increased Exports (CHINA!!!!) • Current S&D would forecast 52¢ price • Smart Marketing could yield much better!

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