Jernigan Global Weekly 09-Mar-2020
Posted : March 30, 2020

JERNIGAN GLOBAL
News Letter 09-March-2020

1. 2020/21 US COTTON CROP OUTLOOK CROP INSURANCE SUPPORT PRICE DECLINE COULD ENDANGER WEST TEXAS ACREAGE

2. LACK OF WTO ACTION ON CHINESE COTTON SUBSIDIES A MAJOR PROBLEM

3. COULD ROBUST TURKISH CONSUMPTION BE ENDANGERED BY EUROPEAN CORONAVIRUS OUTBREAK

4. RECORD CROP MAKES BRAZIL RELIABLE YEAR ROUND SUPPLIER

5. DRAMATIC DROP IN FUTURES TRIGGERS MASSIVE EXPORT OFFTAKE IN US STYLES

6. INDIA NET IMPORTER FOR AUGUST-JANUARY DESPITE SURGE IN EXPORTS

7. CHINESE MILLS RETURN TO WORK SLOWLY

8. CHINA’S 36 BILLION US DOLLAR TEXTILE AND APPAREL EXPORTS TO US AT RISK DUE TO FORCED UYGHUR LABOR

9. ICE FUTURES FIND SUPPORT IN THE 61/63 AREA AMID STRONG NON-CHINESE DEMAND

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