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Rains have caused flooding in five states, although pan-India rainfall is three percent below the 10-year average for the southwest monsoon (June 1 through Aug. 28).
At a combined $23.8 billion, China and Hong Kong represent 18 percent of U.S. agricultural exports to the world, up from 10 percent just a decade ago.
On August 2, 2016, the Ministry of Agriculture (MoA) released its Fourth Advance Estimate for Indian Crop Year (ICY) 2015/16 (July/June).
Post forecasts India’s 2016/17 cotton production at 26.5 million 480 lb. bales on 11 million hectares.
Post’s forecast for China’s cotton production is lowered to 4.6 million metric tons (MMT) in MY16/17, based on decline in acreage despite a forecast yield gain in Xinjiang.
The MY 2016 Turkish cotton crop now estimated at 425,000 hectares and 700,000 MT (3.2 million bales); up about 20 percent compared to last crop year.
MY2015/16 seed cotton production in Burkina Faso, Mali, Cote d’Ivoire, Senegal and Chad combined, are expected to drop 10 percent compared to the initial target due to a late start of the rainy season
A strong monsoon continues to improve soil and crop conditions across India.
Post’s production estimate for MY 2015/16 is lowered to 27.5 million 480 lb. bales.
News on developments in agriculture and food in Egypt.
Pakistan’s 2016/17 cotton production is forecast at 8.0 million 480 lb bales, down one million bales from the previous estimate.
Post forecasts that the area under cotton production in Zimbabwe will increase, under normal climatic conditions, to about 300,000 hectares and production will recover to around 210,000 MT