Browse Data and Analysis

Post lowers the forecast for marketing year (MY) 2023/24 raw cotton imports to 7.5 million bales on lower work orders for garments coupled with Bangladesh’s economic challenges including declining foreign exchange reserves. The export value of ready...

No significant changes are made to the cotton supply and demand outlook. The 2023/24 cotton production forecast is unchanged at 6.5 million bales, total use is 10 million bales, and the import forecast remains 4.2 million bales.

Turkiye’s cotton production in marketing year (MY) 2023/24 is forecast to decrease to 695,000 metric tons (MT; 3.19 million bales), since farmers chose to plant less cotton in response to decreasing cotton prices and rising input costs.

FAS Mumbai forecasts marketing year (MY) 2023/24 India cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous forecast.

Irrigation water limitations in the Guadalquivir basin have nearly halved cotton production in Andalusia, Spain’s main producing region.

Although Ecuador maintains a number of anti-biotech laws and regulations, there is minimal enforcement, and trade in cotton and soybean products continues.

Mozambique is revising its biosafety regulations, which could allow for the country's first field trials of genetically engineered crops.