Home / Knowledge / News / Textiles / USDA to release cotton production estimates in May
USDA to release cotton production estimates in May
14
Apr '08
The 2007/08 U.S. cotton crop was raised this month to 19.4 million bales (upland-18.55 million bales and ELS-850,000 bales), as indicated in the March 2008 Cotton Ginnings report. USDA will release final production estimates on May 9th.

With beginning stocks and imports unchanged in April, the season's cotton supply is now estimated at 28.9 million bales, 1.2 million (4 percent) above 2006/07. Slightly offsetting the supply gain was an increase in the estimate for 2007/08 mill use.

The U.S. cotton mill use estimate was raised 100,000 bales this month to 4.7 million, as recent textile activity has stabilized near this level.

Despite this, mill use is 5 percent below 2006/07 and remains the lowest in nearly a century. U.S. exports, on the other hand, were unchanged this month at 14.5 million bales as world trade projections were marginally lower.

Based on the current forecast, U.S. exports would be their second highest on record behind 2005/06's 17.5 million bales. The U.S. share of global trade for 2007/08 is estimated at 37 percent, equal to the average of the previous 2 seasons.

With U.S. production now exceeding demand in 2007/08, ending stocks are projected to rise slightly this season to 9.7 million bales, the largest since 1966/67. However, the stocks-to-use ratio is currently below that of 2006/07; this season's ratio is estimated at 50.5 percent, compared with nearly 53 percent in 2006/07.

United States Department of Agriculture


Must ReadView All

Indian textile & apparel exports fall 13% in Jan 2018

Textiles | On 17th Feb 2018

Indian textile & apparel exports fall 13% in Jan 2018

A decline of 13 per cent year-on-year has been observed in the...

Brazilian cotton prices move up in first fortnight

Textiles | On 17th Feb 2018

Brazilian cotton prices move up in first fortnight

Cotton prices rose in Brazil in the first fortnight of February, as...

Courtesy: OrganoClick

Textiles | On 17th Feb 2018

OrganoClick introduces OrganoTex for water repellency

OrganoClick has introduced OrganoTex, a textile impregnation product...

Interviews View All

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Urmil Arya

Sushila International, a well established textile organisation established ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Madhu Jain
Madhu Jain

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

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

February 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.0%
No
13.0%
Skip
17.0%

Total Votes: 100

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

Yes No

Active Poll

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

Yes
63.0%
No
30.0%
Skip
7.0%

Total Votes: 100

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

Yes No

Active Poll

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

Yes
88.0%
No
9.0%
Skip
3.0%

Total Votes: 100

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

Active Poll

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

Yes
83.0%
No
8.0%
Skip
9.0%

Total Votes: 100


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