Home / Knowledge / News / Textiles / Cotton crop estimate unchanged in June
Cotton crop estimate unchanged in June
Jun '08
U.S. cotton production estimates for 2008 were unchanged this month at 14.5 million bales, which is 4.7 million below the final 2007 crop. An update to cotton area will be issued at the end of June in the Acreage report; this report will combine actual plantings as of early June with estimates for any remaining cotton to be planted. Total supply, however, increased slightly in June as 2007/08 revisions pushed beginning stocks 300,000 bales higher to 10.2 million bales.

Meanwhile, total demand was also revised upward to 19.3 million bales for 2008/09, as exports were increased 500,000 bales, partially the result of shifting shipments out of the current season and into 2008/09. Exports are now forecast to reach 15 million bales in 2008/09, compared with the revised 13.9-million-bale estimate for 2007/08.

In contrast, U.S. mill use continues to be pressured by textile and apparel imports and slow growth in domestic retail demand. U.S. cotton mill use is currently estimated at 4.3 million bales for 2008/09, 300,000 bales below 2007/08 and the lowest in over a century.

The United States continues as an export-dominated market, with shipments accounting for more than 75 percent of the demand for U.S. cotton (fig. 2). Exports are expected to rise slowly for the third consecutive season, but remain well below the record shipments of 2005/06.

Meanwhile, U.S. demand as a share of world consumption is also improving slightly. In 2008/09, this share is projected to be near 15 percent, similar to the past 2 seasons but below the 20-percent average of the early 2000s.

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Kevin Nelson

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

Larry L Kinn
Suominen Corporation

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Karan Arora
Karan Arora

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Pranav Mishra

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

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


Browse Our Archives


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