Home / Knowledge / News / Textiles / World cotton supply to meet the demand
World cotton supply to meet the demand
Aug '11
On August 11th, Mr. Steve Verett, Executive Vice President of Lubbock-USA based Plains Cotton Growers Inc briefed the Agricultural Committee of the Lubbock Chamber of Commerce on the impact of drought on cotton production. While he said, he is a person who sees a glass to be half-full, the dire drought situation in Texas forced him to paint a bleak albeit realistic picture on cotton output from Texas.

The High Plains region of Texas, which is the United States' largest cotton producing area, will see a drastic abandonment of acres due to dry weather. Out of the 2.5 million acres of dry land crop planted this year, 2 million acres have been failed to date in the High Plains region of Texas. This region has about 2 million acres of irrigated crop planted, of which 214,000 acres have already failed by early August. Verett said, the High Plains region could expect a harvest of about of 1.8 million acres and a production of 2 million bales of cotton (480 pounds each).

Last year, High Plains region harvested 3.5 million acres and the production was 5.3 million bales of cotton. Given the extreme drought condition, there will be a loss of 3.3 million bales of cotton from the High Plains area, pointed Mr. Verett. In an answer to a question from this scribe about the global supply, Verett said “demand side is the key factor”. He expects world will have just enough cotton to meet the demand. The production loss in the United States will be offset by reported production increases in Brazil, India and China.

The global economic situation and the volatility in the stock markets are expected to tame down the demand for textiles and other non-essential items, which could create a balance in the supply and demand situation, said Mr. Verett.

Seshadri Ramkumar, Texas Tech University, USA

Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search