Cotton

USDA Projects Global Cotton Consumption Increase Of 3%

Textile Insights May 18, 2024

In its latest May 2024 report, the US Department of Agriculture (USDA) has projected global cotton consumption to increase by 3 percent year-on-year. While, global cotton production is expected to rise by 5.4 million bales, each weighing 480 pounds and total 119.05 million bales. “This boost in

Cotton

USDA Forecasts Aussie Cotton Crop At 5mn Bales In 2023-24

Textile Insights April 18, 2024

Australia’s cotton production in the current season is forecast to rise by 200,000 bales to reach 5 million bales in the 2024-2025 cotton season, the US Department of Agriculture (USDA) said in its report The Aussie cotton crops are likely to benefit from average rainfall during the southern hemisphere winter and spring and the area […]

Cotton

USDA Projects US Cotton Production At Nearly 40 Year Low

Textile Insights April 8, 2024

According to the latest US Department of Agriculture report, the department has projected US cotton production to be down by 300,000 bales to 12.1 million bales, the lowest level in nearly 40 years. Global cotton production is up about 100,000 bales to 113.0 million as a larger cotton crop in India more than offsets lower […]

Cotton

USDA Slightly Hikes 2023-24 Cotton Production To 13.5mn Bales

Textile Insights November 15, 2023

The United States Department of Agriculture (USDA) has slightly increased its 2023-24 cotton production outlook to 13.5 million bales in its November report. This has been done as higher production in Afghanistan, Argentina, the United States, and Paraguay more than offset lower crops in Spain and Mexico. Production is forecast at a record for Afghanistan […]

Cotton

Global Cotton Mill Use Surges In 2023-24, Reducing Ending Stocks

September 21, 2023

The latest projections from the U.S. Department of Agriculture (USDA) for the 2023-24 cotton season (August–July) reveal a significant uptick in global cotton mill use. It is set to increase by 6.5 million bales, equivalent to a 6 per cent rise, reaching 116.9 million bales, marking the highest figure since 2020-21 (see Figure 1). Pakistan […]

Corporates

U.S. Cotton Trust Protocol Appoints Daren Abney As Executive Director

July 29, 2023

The U.S. Cotton Trust Protocol announced the appointment of Daren Abney as Executive Director. A sustainability veteran, Abney brings 15 years of international experience garnered in organizations across the apparel and fashion industry such as Better Cotton, Textile Exchange, and most recently Lenzing Group. As Executive Director, Abney will guide the strategic vision and

Cotton

Indonesia’s Cotton Consumption Collapses In 2022-23

July 14, 2023

As per U.S. Department of Agriculture (USDA), in 2022-23, Indonesia’s cotton consumption is projected at the lowest level in over 30 years at 1.6 million bales, down 1.0 million from the previous year. This projected level is lower than the COVID-19 period and nearly 2.0 million below the record witnessed 5 years ago. Plunging yarn […]

Special Report

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

May 28, 2023

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 […]