Home / Knowledge / News / Textiles / USDA revises demand for US cotton in 2013-14
USDA revises demand for US cotton in 2013-14
18
Jun '13
U.S. cotton demand for 2013/14 is reduced 500,000 bales this month, a change that offsets the lower crop forecast. U.S. demand is projected at 14.5 million bales or 15 percent below the 2012/13 estimate.

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)


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Priyanka
Studio Priyanka Rajiv

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

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Larry L Kinn
Suominen Corporation

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Silvia Venturini Fendi
Fendi s.r.l

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X