Record cotton production in 2011/12 as response to record prices

World cotton area is projected to rise by 7% in 2011/12 to 36 million hectares, the largest in 17 years, in response to record prices in 2010/11. Farmers are expected to expand cotton area in 2011/12 in all producing countries. World cotton production is projected to increase by 9% to a record exceeding 27 million tons. Rising cotton supplies will feed rising demand in 2011/12. However,

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