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Post estimates marketing year (MY) 2019/20 cotton production at 29 million 480 lb. bales (37.1 million 170-kilogram bales/6.3 MMT) with a planting area of 12.5 million hectares.
The pace of plantings for all major kharif crops is slower than last year as delayed monsoon rains and low reservoir storage levels have resulted in lower planted area.
On June 12, 2018, China’s National Development and Reform Commission (NDRC) published an official notice issuing 800,000 tons in additional cotton import quotas subject to a sliding duty.
In May, the Ethiopian Ministry of Environment approved Bt cotton – the country’s first biotech crop – for cultivation.
Post forecasts MY 2018/19 production at 28.7 million 480 lb. bales on 11.9 million hectares.
On May 31, 2018, Mexico’s Secretariat of Agriculture, Livestock, Rural Development, Fisheries and Foodstuffs (SAGARPA) announced in the Mexican Federal Register....