In the latest report released by US Department of Agriculture (USDA), the agency has forecast global cotton production to fall by more than 2.7 million bales (One bale = 480 lbs) to 114.1 million bales in 2023-24. USDA attributed this fall in cotton production to lower cotton crop in US and
The US Department of Agriculture (USDA) has forecast higher cotton production for Brazil, Pakistan, and Australia in cotton year 2023-24. Brazil’s cotton production is projected at 13.25 million bales (1 bale = 480 pounds) for 2023-24, marginally above 2022-23, while area under cultivation forecast remains unchanged. The agency has also projected a slight increase in […]














