Cotton prices may prompt farmers to plant record crop

Cotton output in India, the world's second-largest producer, may rise to a record for a second straight year as a rally in prices spurs farmers to boost planting, traders said. Output could reach 40 million bales in the 2011-2012 season, said Parth Mehta, joint managing director of Bhadresh Trading Corp, the nation's top cotton exporter. India will produce its biggest ever crop in the current

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