Pakistan: Cotton Update
Recent floods damaged an estimated 80,000 hectares of cotton area, a small fraction of Pakistan’s 3.1 million hectares of cotton. Farmers are particularly concerned about low prices for seed cotton which have dropped below the cost of production of late. Farmers may reduce the number of pickings during harvest if prices do not rise. The Government of Pakistan may pursue some mechanism for supporting prices. Imports are forecast to increase to 2.0 million 480 lb bales, up from 1.6 million.
