# Staplcotn CEO is generally bullish on 2021 cotton

> Staplcotn CEO Hank Reichle expects U.S. cotton acreage to fall in 2021 as some growers switch to corn and soybeans. He remains bullish on prices, citing a U.S. stocks-to-use ratio of 26.1% versus 41% in 2019.

- Date: 2021-01-25 · published 2021-01-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49272-staplcotn-ceo-is-generally-bullish-on-2021-cotton
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Lower acreage and tight stocks support cotton prices, but weak demand from the pandemic and competition from manmade fibers limit the upside.

## Sources

- farmprogress.com: https://www.farmprogress.com/cotton/staplcotn-ceo-is-generally-bullish-on-2021-cotton

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.