China Cotton Acres Seen Down 20%

Government Policy Changes Discourage Cotton Production

Lin Tan
By  Lin Tan , DTN China Correspondent
DTN file photo of a woman pruning cotton plants in China. China's cotton acreage is expected to fall 20% this year. (DTN file photo by Jim Patrico)
The Chinese government's change to a target price subsidy program and lower market prices have discouraged cotton production, but it will take a long time to eat through global stockpiles.

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