Home / Knowledge / News / Textiles / Marginal changes in cotton stocks and production this month
Marginal changes in cotton stocks and production this month
11
Nov '08
The World Agricultural Outlook Board reviews and approves the World Agricultural Supply and Demand Estimates (WASDE) report. The Board's analysts chair the Interagency Commodity Estimates Committees (ICECs) that prepare the monthly report.

This month's U.S. cotton estimates for 2008/09 include marginal changes in beginning stocks and production, which are largely offsetting. Beginning stocks are raised 153,000 bales from last month due to a revision in 2007/08 ending stocks by the U.S. Census Bureau. Production is lowered slightly, as reductions in the Delta and Southwest regions are partially offset by an increase for the Southeast.

Domestic mill use is unchanged. Despite lower world demand, the U.S. export estimate is maintained at 13.0 million bales, because U.S. cotton has become relatively more competitive in recent weeks. The forecast for the average price received by producers is lowered 7 cents on the upper end and 6 cents on the lower end of the range, as market prices have fallen sharply since the October report.

The world 2008/09 cotton estimates show modestly lower production and sharply lower consumption compared with last month, raising ending stocks by 3.5 percent. World production is reduced about 900,000 bales, due mainly to reductions in the African Franc Zone, Brazil, and the United States.

World consumption is reduced 2.4 percent from last month, due to mounting evidence of consumer retrenchment and a slowdown in mill activity around the world. China accounts for more than half of the world reduction; consumption also is reduced in Brazil, India, Pakistan, Thailand, and Turkey. Lower consumption is estimated to reduce world trade by 1.0 million bales, including a reduction of 500,000 bales in imports by China. World stocks are raised nearly 2.0 million bales from last month. Stocks in China are raised 1.25 million bales, as the government of China is buying cotton for the national reserve to support domestic prices.

Department of Agriculture's Economic Research Service


Must ReadView All

Europe fights against microplastic release from textiles

Textiles | On 18th Jan 2018

Europe fights against microplastic release from textiles

The European Commission, the institution of the European Union, has...

Egypt starts building biggest textile city in Al-Sadat

Textiles | On 18th Jan 2018

Egypt starts building biggest textile city in Al-Sadat

Egypt has started construction of the biggest city for textiles and...

Vietnam targets $20 bn from export of footwear, bags

Apparel/Garments | On 18th Jan 2018

Vietnam targets $20 bn from export of footwear, bags

Vietnam targets to earn around $20 billion from the export of...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

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

Mohammad Hassan
Biax Fiberfilm

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

Divvya and Nidhhi Gambhir
Walnut

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

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

January 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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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