Home / Knowledge / News / Textiles / World cotton production to decline in 2012/13
World cotton production to decline in 2012/13
15
May '12
The first U.S. Department of Agriculture (USDA) cotton forecast for 2012/13 projects that global cotton production will decrease while consumption rebounds, although consumption remains below production for the third consecutive season.

Global 2012/13 production is forecast at 116.7 million bales, a decline of 5 percent from a year ago, as declining cotton prices, higher production costs, and rising grain prices combine to give a competitive edge to alternative crops.

With world 2012/13 harvested area forecast to decline 5 percent from a year ago to 33.9 million hectares, yields are projected at 750kg/hectare. In nearly all major producing countries, production is forecast to decline in 2012/13.

In China, where 2012/13 planting is currently underway, the crop is forecast at 30.5 million bales, down 9 percent from a year ago. Although China's spot prices for the fiber are above world prices, strong official support for grain production, growing national reserve stocks, labor shortages and the attendant rising costs of cotton production have interacted to create a disincentive to producers.

In addition, even at unusually high Government support prices, farmers still saw a significant decline in prices received in 2011/12, with support prices significantly below the peak prices received in the fall of 2010. As a result, China's harvested area is forecast at 5.0 hectares in 2012/13, a 9-percent decline from the previous year, with an expected yield of 1,328 kg/ha. In recent years, the Xinjiang Autonomous Region has accounted for 40-50 percent of China's total production.

India's 2012/13 production is forecast at 25.0 million bales, a 6-percent contraction from a year earlier as farmers respond to relatively lower world prices. The 2012/13 crop forecast is based on an assumption of a favorable monsoon in a country where a significant portion of the crop is rainfed. India's harvested area is forecast at 11.0 million hectares, down 10 percent from a year earlier.

Pakistan is forecast to grow 10.0 million bales in 2012/13, down 6 percent from the previous year. The government of Pakistan has recently approved use of biotech and new cotton varieties. Pakistan's 2012/13 harvested area is forecast to decline 3 percent from a year ago to 3.1 million hectares. USDA has adjusted its estimate of the average Pakistan bale weight to 155 kilograms.

Australia and Brazil are forecast to produce 4.5 million bales and 8.0 bales, respectively, in 2012/13. For Australia, the crop forecast is a 4-percent reduction from the record 2011 season, while in Brazil it is a 12-percent contraction from the previous season. Harvested area in Australia is forecast at 500,000 hectares, down 14 percent from the previous year due partly to price disincentive and a reduction in dryland cultivation. With irrigated plantings accounting for a larger share of area, Australia's 2012/13 yield is forecast at 1,960 kg/ha, the highest in 5 years. Brazil's 2012/13 harvested area is forecast at 1.2 million hectares down 14 percent from a year ago, as producers divert area toward the less risky and more profitable soybean crop.

In the United States, 2012/13 production is forecast to rise 9 percent from previous year's weather-damaged crop, to 17.0 million bales. Harvested area in the United States is forecast at 4.3 million hectares, down 8 percent from the previous year.

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Varinder Singh Jawanda
Trendy Bharat

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search