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USDA forecasts 2016 US cotton output at 15.9mn bales
24
Aug '16
US cotton output is forecast at around 15.9 million bales in 2016, as against projection of 15.8 million bales made in July 2016 and the final 2015 crop estimate of 12.9 million bales, with the 3 million bales increase in 2016 production attributed to higher area and yield estimates, while total cotton planted area is estimated at 10 million acres.

The USDA August report projects harvested area at 9.5 million acres in 2016, which indicates an abandonment rate of 5 per cent, down below the reported 6 per cent in 2015.

The US agriculture agency projected yield at 800 pounds per harvested acre this season, up from 766 pounds in the previous season.

The August report estimated upland cotton production at 15.3 million bales in the present season, an increase of 2.9 million bales over 2015, while Southwest crop is projected at 6.9 million bales in 2016, also up from 6.1 million in 2015. (AR)

Fibre2Fashion News Desk – India

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