The latest U.S. Department of Agriculture (USDA) estimates indicate that U.S. cotton textile and apparel trade decreased during the first half of 2016. U.S. cotton product imports totaled the equivalent of 8.5 million 480-pound bales during January-June 2016, 2 percent below the first 6 months of 2015.
The latest U.S. Department of Agriculture (USDA) cotton projections for 2016/17 indicate that global cotton stocks are forecast to decrease for the second consecutive season. World ending stocks are projected at 94.7 million bales for 2016/17, 7 percent (nearly 7.4 million bales) below 2015/16. (One bale is 480 pounds.)
(August 14, 2013) The latest U.S. Department of Agriculture (USDA) estimates for 2013/14 project world cotton stocks to reach a new record at 93.8 million bales, 7.4 million bales above the previous season. Stocks this season are expected to rise for the fourth consecutive year as global cotton production continues to exceed mill demand and Chinas cotton policies continue to support domestic prices above world prices.
The latest U.S. Department of Agriculture (USDA) projections for 2013 indicate that world cotton production is forecast at 118.0 million bales, about 3 percent below the 2012 estimate of 121.2 million bales.
The first U.S. Department of Agriculture (USDA) cotton forecast for 2013/14 projects that world cotton production will decrease while consumption increases, although consumption is expected to remain below production for the fourth consecutive season.
The latest U.S. Department of Agriculture (USDA) cotton projections for 2012/13 indicate that world ending stocks are expected to reach a record 82.5 million bales, 18 percent (12.3 million bales) above the previous season.