Home / Knowledge / News / Textiles / US-based cotton likely to feed the world
US-based cotton likely to feed the world
02
Aug '10
United States has traded more than 50 percent cotton, as compared to the same time period in the previous years. More so, this year alone, US stands at 4.3 million bales, indicating that the country's exports is at an upward trend. Since ten weeks, US export demand figures have been send moving upwards, thereby, depicting significant sales activity.

Industry experts feel that a huge US cotton crop could well provide the much required comfort for US producers and consumers across the globe.

Experts, while speaking at the Cotton Roundtable in New York City informed that, more cotton will be required by the country. Further more, the early anticipated figures of US production at 15 million bales to 16 million bales, would have been horrifying for consumers and customers.

Joe Nicosia, Allenberg president and CEO said that, on the basis of the potential for a Texas crop and improved growth conditions, experienced so far across the rest of the Cotton Belt, cotton production in US is anticipated at 19.2 million bales on 10.9 million planted acres in 2010.

Production of cotton last crossed 19 million bales in 2006, wherein US had produced 21.5 million bales of crop on 15.2 million planted acres.

As per Nicosia, the world is likely to demand more for US crop. He is infact projecting the usage at just below 18 million bales, which includes exports of 14.3 million bales and local mill usage of 3.5 million bales. This again would leave behind stocks for 2010-11 at 4 million bales, which will give a little bigger cushion as compared to current year's 2.7 million bales starting stocks estimates.

Nicosia informed that, till the new crop is harvested, US is likely to face very little competition for export sales. Probably, every nation in the world will be sold out. Hence, US will be able to build on their export base and put across higher sales.

Fibre2Fashion News Desk - India

Must ReadView All

President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles | On 16th Jan 2017

‘Textiles at centre of Taiwan’s new trade arrangements’

Textiles should be at the heart of Taiwan’s thinking while developing ...

Apparel/Garments | On 16th Jan 2017

Ralph Lauren develops policy on tracking wood based fabrics

In a bid to trace source of wood based fabrics like viscose and rayon ...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

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

Mike Hoffman
Gildan Activewear SRL

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search