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Irrigation water limitations in the Guadalquivir basin resulted in lower area planted to cotton for MY 2022/23 and a significant drop in yields. Cotton production has also been negatively affected by pest incidence. Industry sources argue that Spanish farmers should be eligible for cotton specific support despite the reduction in yields.

Post forecasts 2022/23 cotton area planted at 1.65 million hectares (ha), an increase of just over one percent from the 1.63 million ha cotton area estimate for 2021/22. Post’s forecast is based on expectations that despite challenges, such as risings costs and tightening margins, Brazilian producers are optimistic about the crop’s prospects, and eager to continue growing the sector.

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...