Cotton Acreage Plunge in 2020?

How deep a dip for cotton acreage in 2020? With producers saddled by anemic prices and the ongoing U.S.-China trade dispute, a cotton cut up to 3 million acres is a possibility. Despite cotton reaching almost 14 million planted acres in 2019 (2.7% less than 2018 acreage), the white blanket may not cover 11 million acres in 2020. Two leading cotton analysts offer perspective on major 2020 production issues, potential acreage and market wild cards.