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To: Eashoa' M'sheekha who wrote (46940)	1/10/2000 1:35:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116762

Cotton data seen being tweaked in USDA report By Rene Pastor NEW YORK, Jan 10 (Reuters) - The U.S. cotton trade is expecting no major surprises in USDA's monthly supply/demand and production report due out by the middle of this week, industry analysts said Monday. ``There should be no blockbusters in this report,' John Flanagan, president of cotton brokers Flanagan Trading Corp. in North Carolina, told Reuters in a phone interview. ``They're not going to do anything that's not already anticipated,' added Sharon Johnson, cotton specialist with Frank Schneider and Co. Inc. in Atlanta, Georgia. Several members of the cotton trade expect the USDA to follow the lead set by Beijing when it trimmed its forecast of the 1999 cotton crop in that country to around 17.0-17.5 million (480-lb) bales. In its December report, USDA pegged the Chinese cotton harvest at 19 million bales. Alan Feild, broker for Memphis-based STA Trading Services, said the USDA data may goose up the U.S. cotton production number to approach the 17 million bale level. Last month, it was forecast by USDA at 16.88 million bales. ``Everybody expects the China crop to come off,' he said. ``(But) surprises, no.'(cont) biz.yahoo.com