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The Truth about Cotton pt. 1

Posted: 28 July 2012 at 6 a.m.

EDUCATION:  THE ABSOLUTE COTTON TRUTH

Recently we have received many questions regarding the world cotton situation.  It is common knowledge that the price of cotton has doubled over the past year.  The price of cotton depends largely on supply and demand.

  •   Increased population results in increased demand.
  •   Increased demand results in more cotton being planted.
  •   Weather and natural disasters affect the supply.
  •   Political unrest causes dealers and speculators to bid more for future cotton supplies.


Here are some interesting cotton facts:

A standard bale of cotton weighs 480 lbs.
Last year the world produced 114 million bales.
The top five cotton-producing countries:  
1. China (26% of total)
2. India (23% of total)
3. United States (16% of total)
4. Pakistan (8% of total)
5. Brazil (7% of total).


            (Cotton Bales ready for processing)

 

Pt. 2 will be blogged tomorrow!

 

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