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Official statistics reveal marketing year (MY) 2014/15 planted area reached a record 12.7 million hectares.
On December 31, 2013, China’s National Standardization Technical Committee on Cotton Processing published the final version of National Standard on cotton baling (GB6975-2013).
Recent floods damaged an estimated 80,000 hectares of cotton area, a small fraction of Pakistan’s 3.1 million hectares of cotton.
The Government of Pakistan has announced a seed cotton support price of 34 cents per pound for the upcoming harvest, a significant increase over the prevailing farm price of 26 cents per pound.
A rapidly growing middle class in North Asia is expected to boost demand for U.S. agricultural exports over the next decade.