National Cotton Council Vice President of Economics and Policy Analysis Jody Campiche gave her annual cotton market outlook Tuesday during the Beltwide Cotton Conferences.
Campiche discussed the impacts of COVID-19 on retail demand, which dropped more than 80 percent in April, as well as unharvested acres due to drought in the West, and quality issues from hurricanes in the Southeast. One big bright spot in the 2020 picture was exports. “We’ve seen a lot of sales to China due to the Phase One trade agreement and China’s commitment to buying more U.S. cotton,” said Campiche. “We’re seeing an increase also in Pakistan, which is an important market.”
Beltwide registrants will be able view her whole presentation on-demand. Listen to this interview to hear some of the highlights of Campiche’s talk.
2021 Beltwide Interview with Jody Campiche, NCC 9:48