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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.
MY2015/16 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
Post revises Vietnam's MY 2014/2015 cotton production estimate at 606 tons or 2,780 bales.
Over the past decade, the United States' agricultural exports to China have risen sharply, propelling China into its position as the fastest-growing and highest-value export destination...
The MY 2015/16 production estimate is 28.5 million 480 lb. bales while planted area is finalized at 11.8 million hectares.
Favorable cotton prices relative to synthetic fiber prices, combined with the expansion of large mills, have led to higher imports and consumption of cotton in MY 2014/2015.
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).