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The MY 2017/18 Turkish cotton planting estimate is up 18 percent to 470,000 hectares and production is up 23 percent to 870,000 MT (4 million bales).
On October 23, 2017, the State of Gujarat announced a bonus of about 3.5 cents per pound (Rs. 500 per 100 kg) be paid to farmers for seed cotton.
U.S. farm and food exports climbed eight percent in FY 2017, reaching the third-highest level on record.
Vietnam’s MY2016/2017 cotton imports reached 1.2 million tons (or 5.5 million bales), up 20 percent over MY2015/2016.
Mexican federal biotechnology regulators gain custody of genetically engineered (GE) cotton fields as a precautionary measure after finding events, not explicitly mentioned on permits, were granted...
Cotton crop prospects continue to erode and Pakistan’s 2015/16 cotton production estimate is estimated 500,000 bales lower at 7.5 million 480 lb bales, the lowest production since 1999.
MY2015/16 cotton imports are expected to decline 1 to 2 percent due to the weak economic recovery and competition from imported yarn.
As China continues to hold over half the world’s cotton in reserved stocks, China’s MY15/16 cotton imports are forecast to plummet to 1.25 million tons from the 1.8 million tons in the previous year.
China is the second largest market for planting seeds after the United States. It is self-sufficient in planting seeds for grains, but imports some grass, vegetable, and fruit seeds.
According to the Bank of Guatemala (BANGUAT), the food processing industry in Guatemala for year 2015, will grow 3.5 percent and will contribute 0.67 percent to the total GDP.