NAM 0.00% 77.3¢ namoi cotton limited

cotton producers never had it so good

  1. 392 Posts.
    Article from SMH

    http://www.smh.com.au/business/cotton-producers-never-had-it-so-good-20101201-18gon.html

    It is still quite early in the season to be sure that the crop will eventuate, though it should be significantly greater than the last few years.

    The growing season so far has had sufficient moisture in most areas, (and great storage) though the conditions are not the best due to the cold weather. What we really need are some nice hot sunny days to get the yield and quality. There have been some great reports on the CSD (Cotton Seed Distributors) site through their WOW (Web on Wednesday) presentations.

    Water storages should provide great reserves for future years so hopefully NAM will have plenty of significant upside to come. Obviously these are just my thoughts and as always you should do your own research.

    All the best, Mop.
 
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