Browse Data and Analysis

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.

MY2015 Uzbek cotton production is estimated about 4.2 million bales. No major pathogen or pest attack accord during the season and no water shortage was reported.

Post forecasts Brazil’s 2015/16 cotton area to drop to 900,000 hectares (ha), a nine percent drop compared to the previous year.

Pakistan’s MY 2015/16 (August-July) cotton production is expected to reach 8.2 million 480 lb bales, down nearly 25 percent from last year’s crop.

MY 2015 Turkish cotton crop is estimated at 370,000 hectares and 580,000 metric tons (MT) (2.7 million bales).

The MY 2015/16 production estimate is 28.5 million 480 lb. bales as insect infestation in northern India raises yield concerns. Planted area reached 11.76 million hectares.

News on developments in agriculture and food in Egypt.

Egypt’s government has backtracked on the policy of eliminating cotton subsidies to the sector and has allocated cash subsidies valued at LE 261.7 million to buy the MY2015/16 cotton crop.