Huge carryover weighing on cotton market

A record world cotton carryover in 2011, thanks to large production increases brought on by $1-plus prices, is keeping prices stagnant, says O. A. Cleveland, Jr., Mississippi State University agricultural economics professor emeritus. But there should be improvement in 2013, he said at the annual joint meeting of the Mississippi Boll Weevil Management Corporation and the Mississippi Farm Bureau Federation cotton policy committee.

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