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Textile manufacturers from two hemispheres to see U.S. cotton operations, visit U.S. exportersTextile executives from 14 countries throughout Asia and Latin America will travel across the U.S. Cotton Belt from Sept. 25 to Oct. 3 to familiarize themselves with U.S. cotton and how that fiber is produced, processed and marketed. The 28 participants represent 26 companies in Bangladesh, China, Colombia, Ecuador, India, Indonesia, Japan, Korea, Mexico, Peru, Taiwan, Thailand, Turkey and Vietnam. Those companies are expected to consume about 3.5 million bales in 2007, and consume an average of 40 percent U.S. cotton--equal to almost 1.4 million U.S. cotton bales annually. "The U.S. cotton industry offers outstanding fiber quality and unparalleled delivery and contract services," said Michael Adams, president of Cotton Council International, which sponsors the COTTON USA Orientation Tour. "This tour enables our industry to showcase these world-class benefits to overseas spinners of our raw cotton. Strengthening ties with these important customers in today's competitive marketplace also is vital for U.S. cotton to remain a healthy exporter." The 14 representative countries are expected to consume 89.6 million bales in 2007. This represents 76 percent of the total cotton consumed outside the United States. In 2006, these countries imported about 27.1 million bales of which 16.3 million are U.S. bales. This represents 90 percent of U.S. cotton's total worldwide sales in 2006. The United States exported 13.0 million bales in 2006, and exports are expected to rise to 16.7 million bales in 2007. The 2007 participants will visit a farm and gin in Tennessee, see cotton production and processing in the Lubbock area, observe cotton research in North Carolina, Mississippi and Texas, and tour the USDA cotton classing office in Bartlett, Tenn. They will meet with exporters in the four major Cotton Belt regions and get briefings from CCI, the National Cotton Council, Cotton Incorporated, the American Cotton Shippers Association, the Texas Cotton Association, the Lubbock Cotton Exchange, AMCOT, the Western Cotton Shippers Association, the American Cotton Producers, the Southern Cotton Growers Association, Delta Council, the Plains Cotton Growers Association, the San Joaquin Valley Quality Cotton Growers Association and Supima. Nearly 800 textile executives from more than 60 countries have toured the U.S. Cotton Belt via CCI's Orientation Tour, which was initiated in 1968. The Tour's specific objectives are to increase these U.S. cotton customers' awareness of the types and qualities of U.S. cotton, help them gain a better understanding of U.S. marketing practices and enhance their relationships with U.S. cotton exporters. Over the years, the tour has led many foreign textile manufacturers to develop an appreciation for U.S. cotton fiber quality and has furthered the U.S. cotton industry's reputation as a reliable supplier. The tour continues to be an excellent vehicle for helping U.S. cotton capture additional market share overseas.
Date: 9/11/08 Advertisement
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