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Cotton imports for 2018/19 are lowered to 3.05 million bales due to competition from imported yarn and fabrics, a weak rupiah, and lower demand from export markets for garments.
Post estimates marketing year (MY) 2019/20 cotton production at 29.7 million 480 lb. bales (37.6 million 170-kilogram bales/6.3 MMT) with a planting area of 13 million hectares.
In MY2019/20, Spanish cotton planted area remained at similar levels compared to MY2018/19.
Mexico is the second-largest export market of agricultural products from the United States. Over the last decade, U.S. agricultural exports to Mexico grew 48 percent to $19.1 billion.
Post estimates marketing year (MY) 2019/20 cotton production at 29.3 million 480 lb. bales (37.6 million 170-kilogram bales/6.3 MMT) with a planting area of 13 million hectares....
The recovery of monsoon rain levels in August has led to improved soil moisture in Central India which will bolster crop development.
MY 2019/20 (August to July) area for Senegal, Burkina Faso and Mali is forecast at 1.4 million hectares (HA), a 1.5 percent increase from the previous year primarily due to higher area in Mali....
Mexican cotton producers have faced a shortage of available cotton seed for marketing year (MY) 2019/20 planting, resulting in an expected reduction in planting and production, which reached....
Cotton consumption is lowered for both 2018/19 and 2019/20, mostly due to uncertain global demand for Chinese textiles.
The Turkish cotton crop for MY 2019/20 is now estimated at 570,000 hectares and 900,000 MT (4.1 million bales).
Post forecasts Brazil’s 2019/20 marketing year (MY) cotton area to reach 1.6 million hectares (ha), nearly unchanged from the MY 2018/19 planted area estimate of 1.59 million ha.
On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.