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US 2015 cotton crop to be down 18%: USDA Oct report
23
Oct '15
As per USDA's October crop production report, the 2015 US cotton crop is projected at 13.3 million bales, marginally below last month's forecast but 3 million bales or 18 per cent below the 2014 crop.

“With harvested area unchanged in October and the national yield reduced only slightly, the US production estimate decreased 90,000 bales this month,” it said.

US upland cotton crop is forecast at 12.9 million bales, below both last season and the five-year average.

According to USDA, during the previous two decades, the October estimate has been below final cotton production 11 times and above it 8 times.

“Past differences between the October estimate and final production indicate that chances are two out of three that the 2015 US upland cotton crop will range between 12.2 and 13.5 million bales,” it averred.

Upland cotton production is forecast to decrease in each of the cotton belt regions this season. In the Southwest, the upland crop is estimated at 6 million bales, 500,000 bales below last season.

“Beneficial rainfall at planting time has reduced expected abandonment to only 6 per cent, the lowest in five seasons,” USDA observed.

The Southwest yield is forecast at 608 pounds per harvested acre, compared with the previous three-year average of 632 pounds per harvested acre.

In the Southeast, the 2015 cotton crop is forecast at 4.3 million bales, the lowest in six seasons as reduced area accounted for most of the decline.

“The Southeast yield of 930 pounds per harvested acre is the third highest on record, however, the October estimates do not include effects of the recent flooding in South Carolina,” the US agency stated.

In the Delta, the cotton crop is projected at 2.2 million bales, the lowest since 1983, while yield of 1,101 pounds per harvested acre is near the 2014 record and kept production from declining further.

In the West, the upland cotton crop is forecast at 500,000 bales in 2015, down from 768,000 bales last season and the lowest in eight decades.

“While area dropped for the fourth consecutive season, the region's yield remains the third highest on record,” it noted.

ELS production in the West is projected at 451,000 bales, 20 per cent below 2014 with the lowest area and crop since 2009.

Total 2015 US cotton harvested area is estimated at nearly 8.2 million acres, compared with 9.3 million acres last season and national yield is forecast at 784 pounds per harvested acre. (AR)

Fibre2Fashion News Desk – India


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