October 18, 2024
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Special Report

USDA: 2023/24 Global Cotton Use Forecast At 3-Year High

Global cotton consumption is forecasted at 116.2 million bales, up more than 6.6 million from the previous year. Greater cotton supplies, lower producer price inflation, low global cotton yarn stocks, and greater margins for spinners are expected to boost future use. Consumption is forecast at the second highest level in 5 years and implies an […]