Home / Knowledge / News / Textiles / USDA lowers global cotton output for 2013-14
USDA lowers global cotton output for 2013-14
21
Aug '13
World cotton production in 2013/14 is forecast at 116.4 million bales, 1.6 million bales below last month’s projection, which is mainly the result of forecast reductions for China and the United States.

Prices favored alternative crops in most of the major-producing countries this season, reducing global area to its lowest in three seasons with a production forecast 4 percent below 2012/13. World production is expected to decrease for the second consecutive season from a record in 2011/12, and the United States is projected to account for most of this season’s decline.

In China—the largest producing country—the cotton crop is forecast at 33 million bales in 2013/14, down 6 percent (2 million bales) from last season due to lower area and unfavorable weather in parts of Xinjiang, north central China, and Hunan. Weather problems are expected to reduce the yield 2 percent from 2012/13’s record high, to 1,409 kg/hectare in 2013/14.

India and Brazil are expected to more than offset the decrease in China in 2013/14, with production rising by more than 1 million bales each from the year before on increased area. Similarly, Pakistan’s production is projected to rise 4 percent in 2013/14 to 9.7 million bales as a result of higher yields. In contrast, slight crop declines are seen for Australia and Uzbekistan in 2013/14.

Global cotton consumption in 2013/14 is forecast at 109.9 million bales, similar to last month and above the previous two seasons. World cotton consumption remains well below the 2006/07’s record usage of 124.1 million bales although it has been recovering from the impact of record-high cotton prices in 2010/11 that reduced cotton’s share of textile fiber consumption.

Consumption in China—the leading mill user of cotton—is projected unchanged from its 2012/13 level at 36 million bales, but well below the 50 million bales used in 2009/10.

China’s cotton spinners have lost market share over the last several years as a result of the Government’s established price floor that maintained domestic prices above world prices. Replacing some domestic spinning, China has imported significant amounts of cotton yarn during the past several seasons, including an estimated 8 million bale-equivalents in 2012/13, twice that of 2010/11.

Beneficiaries of China’s yarn imports include India and Pakistan, where cotton mill use has steadily risen over the past several seasons. In India, cotton consumption is forecast at a record 23.3 million bales, 750,000 bales above 2012/13. Pakistan consumption is projected at 11.7 million bales this season, a 6-percent increase and close to its record high of 12 million bales set in the mid-2000s.

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

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Mohammad Hassan
Biax Fiberfilm

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Pranav Mishra
Huemn

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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