In addition to lower U.S. supplies in 2013/14, a lower world trade—particularly imports by China—is expected to contribute to the lower U.S. export forecast. In 2013/14, the U.S. share of world trade is projected at about 29 percent, similar to 2012/13. U.S. cotton exports are forecast at 11.0 million bales in 2013/14, contributing about 76 percent of total demand.
Mill use accounts for the remaining 24 percent, or 3.5 million bales. Based on these supply and demand estimates, U.S. ending stocks for 2013/14 are projected at a relatively low 2.6 million bales, 1.0 million bales below the beginning level and similar to 2010/11.
The implied stocks-to-use ratio is estimated at 18 percent, the second lowest in a decade. The forecast for the 2013/14 U.S. average farm price is expected to range between 73 and 93 cents per pound, with the midpoint of this range 11 cents above the 2012/13 estimate of 72 cents per pound.
U.S. Department of Agriculture (USDA)
Textiles | On 26th May 2017
There's a new eco-friendly fibre on the anvil—Austrian speciality...
Apparel/Garments | On 26th May 2017
The first quarter revenue of fiscal 2017 at apparel marketer PVH Corp ...
‘Blending cultures is the true beauty of fashion, where one’s imagination...
'Natural fibres are appreciated for traditional authenticity'
Studio Priyanka Rajiv
‘To reinvent the age-old tradition of embroidery to suit demographics and...
About one in every 20 patients picks up an infection while hospitalised....
Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...
Coating at a fibre level is a practice not usually seen in the...
Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...
Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...
Bridal couture created with rich Indian heritage, exquisite craftsmanship...
Textiles | On 25th May 2017