Belt Production Falls
After a Decade of Growth
After a decade of nearly continuous growth, production in the southern belt in MY2001/02 is expected to decline by nearly 30 percent from last year. Originally, USDA's July southern belt forecast for MY2001/02 showed a 5-percent increase in area from last year. In October, however, due to declining world cotton prices, among other considerations area is expected to be fall 15 percent from last year. Compared to the July forecast expected area is now 22 percent lower in Brazil and 14 percent lower in Australia. Because of a later planting season than northern crops, southern belt producers were able to react to the fall in world prices since the beginning of the year by adjusting their planting intentions, unlike northern producers whose crops were already planted.
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 3 format. Please note that some versions of Netscape Navigator will change the filename extension; if this happens, you MUST rename the file to .wk3 to access it.