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Higher cotton prices to come

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Cotton prices have increased drastically due to a series of events in Asia. Three of the world’s top cotton producers reduced supply to the U.S. A drought in China damaged crops, India restricted exports to protect its domestic market and flooding in Pakistan made it worse. Florida’s 89.1 WUFT-FM reporter Denise Burgess spoke with University of Florida economist Dave Denslow about the issue.

[audio:http://www.wuft.org/media/audio/FP; Cotton shortage wrap.mp3]

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