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Graphic showing the percentage of U.S. agricultural production which is exported overseas. All told, more than 20 percent of U.S. agriculture is exported.
The Indian Meteorological Department (IMD) forecast a near normal Southwest Monsoon for 2018 suggesting that June to September rainfall is likely to be 97 percent of the Long Period Average (LPA).
MY2015 Uzbek cotton production is estimated about 4.2 million bales. No major pathogen or pest attack accord during the season and no water shortage was reported.
Post forecasts Brazil’s 2015/16 cotton area to drop to 900,000 hectares (ha), a nine percent drop compared to the previous year.
Pakistan’s MY 2015/16 (August-July) cotton production is expected to reach 8.2 million 480 lb bales, down nearly 25 percent from last year’s crop.
MY 2015 Turkish cotton crop is estimated at 370,000 hectares and 580,000 metric tons (MT) (2.7 million bales).
The MY 2015/16 production estimate is 28.5 million 480 lb. bales as insect infestation in northern India raises yield concerns. Planted area reached 11.76 million hectares.
News on developments in agriculture and food in Egypt.
Egypt’s government has backtracked on the policy of eliminating cotton subsidies to the sector and has allocated cash subsidies valued at LE 261.7 million to buy the MY2015/16 cotton crop.
After last season bumper cotton plantings, area planted to cotton in MY 2015/16 has gone down.