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Post forecasts consumption of cotton in the Malaysian textile industry at 290,000 bales in marketing year (MY) 2022/23, a 3.3 percent drop from the previous year post’s estimate.
A recent industry survey in one of China’s leading provinces for textile and apparel manufacturing highlights the negative impact of the PRC’s zero-tolerance COVID policy in the world’s largest cotton market and area economy. According to survey results, production estimates are down, costs are higher, and deliveries are delayed.
For 2022/23, Post forecasts cotton planted area to shrink 3 percent compared to the current season, to 1.55 million hectares. The Post forecast for 2022/23 cotton production is 12.6 million bales, or 2.74 million metric tons (MMT), down from 13 million bales (2.83 MMT) in 2020/21.
Through its phased-in tariff reductions, the agreement will raise challenges for U.S. products including wine and spirits, cotton, pulses and beans, forest products, and tree nuts.
Turkish Poultry Meat Producers and Breeders Association (Besd-Bir) submitted dossiers to the Biosafety Board to request the approval for dozens of genetically engineered traits for feed use only.
FAS Mumbai revised the Post MY2014/15 production estimate to 29.6 million 480 lb. bales.
For the 2015/16 MY, post forecasts a moderate increase of ten percent to 210,000 hectares in seed cotton area planted in Zimbabwe...
New National Pork Board CEO Makes First Visit to Japan; Cotton USA Award 2015; Niigata City Agricultural Special Zone Visit; ATO Tokyo helps highlight White Sorghum in Recipes;