U.S. Exports Fall Due to
Decreased Demand in Traditional Markets
U.S. exports for MY2000/01 were
lowered this month to 7 million bales. This forecast is 300,000
bales less than last month and 1.2 million lower than the July
2000 forecast. Two factors have contributed to the decrease in
the export forecast: a decrease in the U.S. production estimate
of over 2 million bales since July; and, reduced demand in
traditional U.S. markets. While the world consumption forecast of
92.1 million bales is down only 167,000 bales from the initial
forecast, there have been significant shifts among countries. In
MY1999/2000 the U.S. shipped less than 110,000 bales to China,
Pakistan, and Russia where the consumption forecasts are up 1.35
million bales since the initial forecast. However, in Turkey,
Korea, Taiwan, Mexico, and Brazil, where the U.S. had a 44
percent market share in MY1999/200, the forecast of import demand
decreased by nearly 1.5 million bales since the initial forecast.
These countries accounted for 54 percent of U.S. exports last
Download the entire circular.
TABLE OF CONTENTS
U.S. Cotton Outlook
World Cotton Outlook
U.S. Cotton Highlights
Most statistical tables contained in this circular may be viewed in Adobe Acrobat format ® (.pdf) or downloaded as Lotus 1-2-3 ® spreadsheets (.wk3).
Most statistical tables are available in Adobe Acrobat and Lotus version 3 format. You may need to GET the Acrobat reader.
Download the trade tables in Lotus 123 version 4 format. Please note that some versions of Netscape Navigator will change the filename extension; if this happens, you MUST rename the file to .wk4 to access it.