Home / Knowledge / News / Textiles / USDA Dec world cotton crop estimates down 13%
USDA Dec world cotton crop estimates down 13%
19
Dec '15
In its latest December report, USDA has forecast world cotton production in 2015/16 at 103.7 million bales, 13 per cent below last season, as lower area combined with a reduced yield push the global crop to its lowest since 2009/10.

“Considerable production declines in 2015/16 for all of the major producers reduce the world crop by more than 15 million bales,” the report added.

Global harvested area is estimated at 31.2 million hectares, compared with 34.0 million hectares in 2014/15, while world cotton yield is forecast at 723 kg/hectare, compared with 763 kg/hectare last season.

Production for the top two producers, India and China is projected to account for a combined 51 per cent of the world total, with forecasts of 28.5 and 24.3 million bales, respectively.

For India, the 2015/16 crop is in its second year of decline and matches 2012/13's production and lower area coupled with higher yields combine to reduce India's production one million bales in 2015/16.

“The decline is more dramatic for China, as production is forecast to fall 5.7 million bales in 2015/16 to 24.3 million bales,” USDA stated.

With total area declining and area moving out of the lower yielding regions of China, the national yield is forecast at a record 1,534 kg/hectare.

Pakistan's crop is projected at 8.0 million bales in 2015/16, nearly 25 percent below last season, due to reduced area and yield.

Harvested area in Pakistan is estimated at 2.8 million hectares, the lowest in five years as insect damage, as well as reduced pickings, is expected to keep the national yield at 622 kg/hectare, 100 kg/hectare below the 5-year average.

“World mill use is expected to rise 0.9 per cent in 2015/16, its fourth consecutive annual increase, however, this would also be the third consecutive year world cotton consumption has grown more slowly than its long run average growth rate of 1.8 per cent,” USDA averred.

World cotton stocks are expected to decline by 7.6 million bales in 2015/16, their first decline in six years.

Despite the decline, expected world stocks are extraordinarily high or equal to 94 per cent of world consumption, which is more than double the average ratio of stocks to consumption that prevailed over seasons between 1980/81 and 2010/11.

According to USDA, the increase in stocks over long run levels is almost entirely attributable to the accumulation of cotton in China's national reserve in the course of supporting its domestic cotton prices.

Stocks outside of China in 2015/16 are expected to equal 35 per cent of world consumption, versus a 1980/81 to -2010/11 average of 31 per cent.


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Urmil Arya

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

Liz Manning

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

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Suresh Patel
Sidwin Fabric

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

Mark Paterson
Technical Absorbents Ltd

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Jay Ramrakhiani
Occasions Elegance Wear

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

Leave your Comments


April 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
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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
7.8%
Skip
9.7%

Total Votes: 103


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