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FAS Mumbai (Post) forecasts marketing year (MY) 2021/2022 cotton production at 28 million 480 lb. bales on an area of 12.4 million hectares.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in cotton.
With the China Cotton Index (CC Index 3128B) price surging 58 percent from its August 2020 level to RMB 20,150 (or, approximately U.S. $3,100) per metric ton (MT) on October 8, 2021, the Chinese government (PRC) is taking steps to rein in prices.
Irrigation water limitations in the Guadalquivir basin have resulted in lower area planted to cotton for MY2021/22.
Post forecasts 2014/15 area planted to cotton at one million hectares with cotton production reaching 6.9 million bales (1.5 million metric tons).
Cotton consumption and imports by Thailand are estimated to decline in MY 2014/15.
The marketing year MY 2014 Turkish cotton crop is now projected at 430,000 hectares and 700,000 metric tons (MT) (3.2 million bales).
U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.