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FAS Mumbai (Post) forecasts MY 2022/23 cotton production will increase by five percent to 27.7 million 480 lb. bales on an area of 12.7 million hectares, two percent higher than last year. Yields are expected to improve by two percent to 475 kilograms per hectare on the expectation of a normal monsoon.
With expectations for a slight increase in area, but stagnant yields, 2022/23 production is forecast to reach 6.22 million bales, a 3.7 percent increase over 2021/22.
G7 Agricultural Ministers Meeting; NAEGA Event Gathers Local Grain Traders in Tokyo; ATO Japan Holds First Food Ingredient Seminar in Tokyo; Natto Competition Award Ceremony
As scheduled, the Chinese government’s auction of state cotton reserves began on May 3, 2016.
After a small decline in MY15/16 (Aug-Jul) because of the drought, cotton production is forecast to more than recover, reaching 207,000 bales (45,000 metric tons) in MY16/17.
On April 27, 2016, the Press Information Bureau of the Government of India issued a statement on India’s position on cotton export subsidies related to...