Home / Knowledge / News / Textiles / Global cotton crop situation better than last year
Global cotton crop situation better than last year
14
Aug '12
The United States Department of Agriculture (USDA) recently released its August estimate of world’s cotton supply and demand.

In general, estimates have been raised from the July level and world cotton production is estimated to be 114.11 million bales (480 pounds each), which is up from the July estimate of 113.81 million bales.

As per the August estimate, United States is estimated to produce 17.65 million bales, which is up from 17 million bales estimated in July.

The high plains of Texas, the home to the world’s most concentrated cotton production will have 4.1 to 4.2 millions of acres cotton planted this year.

Speaking at the Plains Cotton Growers, Inc. (PCG) meeting, Shawn Wade, Director of Policy Analysis and Research for PCG, said that abandonment of cotton acres planted this year is currently below the normal range of 18-20%, but that recent weather and ongoing drought conditions are expected to eventually lead to additional acreage abandonment before harvest.

“He also noted that the percentage of 2012 dry land and irrigated crop acres in the high plains is expected to mirror the region's historical averages of 45% and 55%, respectively. Cotton experts present today at the meeting reinforced the wide range of cotton conditions that can be found across the high plains.

“While we expect to harvest a crop that is better than last year overall, it is important to recognize that we still have many areas  that are in essentially the same situation as they were in 2011," stated Steve Verett, Executive Vice President of Lubbock-USA based Plains Cotton Growers, Inc.   

Verett further stated “If price ratios between cotton and other crops stay at current ratios there will likely be less cotton planted in high plains in 2013.”

Dr Seshadri Ramkumar


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Lynda Kelly
Suominen Corporation

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Larry L Kinn
Suominen Corporation

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

Robert Brunner
Devereux

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search