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2015/16 global cotton output to be lowest in six years
23
Oct '15
The USDA informs that global cotton production in 2015/16 may be the lowest in six years and is forecast at 107.4 million bales, slightly below the September projection and 10 per cent below a year ago period.

“The October production estimate reflects decreases mainly for China, Pakistan, Brazil, and Australia, partially offset by an increase for Mali,” the October report of USDA says.

Global harvested area is forecast at 31.2 million hectares or 77.2 million acres in 2015/16, about 8 per cent below 2014/15 and the lowest since 2009/10.

World cotton yield is projected at 749 kilograms per hectare or 668 pounds per acre in 2015/16, also the lowest in six seasons.

The USDA has also reduced production estimates in China and Pakistan by 700,000 bales and 500,000 bales respectively this month, as area and yield were projected lower.

For China, 2015/16 cotton production is forecast at 25.3 million bales, 16 per cent below 2014/15 and the lowest crop estimate since 2003/04.

According to USDA, the smaller Chinese crop stems from reduced incentives to plant cotton nationally and lower Xinjiang yields resulting from adverse weather.

For Pakistan, 2015/16 production is projected at 9.5 million bales, 10 per cent below the previous season, as pest problems are reported to have reduced the cotton crop.

Yield reductions in Brazil and Australia reduced the 2015/16 crop projections there by 200,000 bales and 100,000 bales, respectively.

“Production is now forecast at 6.5 million bales in Brazil and 2.1 million bales in Australia,” the US agricultural agency reports.

“In contrast, Mali's cotton production is forecast to reach 1.2 million bales, matching its record in 2003/04 as higher area and yield is expected,” it adds.

For India, the world's leading producer in 2015/16, production is forecast at 29 million bales, 500,000 bales below last season as lower area and a higher yield will keep India's crop near the five-year average. (AR)

Fibre2Fashion News Desk – India


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