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.
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!