Browse Data and Analysis

FAS Mumbai estimates marketing year (MY) 2023/24 India cotton production at 26 million 480 lb. bales on 12.7 million hectares planted, a decrease from the previous year on the expectation that farmers will shift cotton acreage to higher return crops such as oilseeds and pulses.

MY 2014/15 (Aug/July) rainy season started normally in May for most selected countries but a long pause during June and July could reduce countries’ initial targets.

Post forecasts that Zambia’s cotton production will increase by about 25 percent to 50,000 MT in the 2014/15 MY.

Pakistani cotton is currently among lowest-priced cotton in the world.

Post’s MY 2014/15 production forecast is 30.6 million 480 lb. bales, marginally lower than the USDA forecast.

Post’s MY14/15 forecast for cotton production remains unchanged from the previous 6.5 million tons.

Favorable cotton prices relative to synthetic fibers prices, coupled with the expansion of large mills, have led to higher imports and consumption of cotton.

Despite continued water deficit in the South and some pest problems during vegetation in some regions, in general, this year’s weather conditions were favorable for growers.

Post forecasts 2014/15 area planted to cotton at one million hectares with cotton production reaching 6.9 million bales (1.5 million metric tons).

Cotton consumption and imports by Thailand are estimated to decline in MY 2014/15.

The marketing year MY 2014 Turkish cotton crop is now projected at 430,000 hectares and 700,000 metric tons (MT) (3.2 million bales).

U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.