ID :
201717
Tue, 08/16/2011 - 17:42
Auther :
Shortlink :
https://www.oananews.org//node/201717
The shortlink copeid
World cotton production in 2011-12 forecast at record high of 122.7mln bales
Karachi, August 16, 2011 (PPI): World cotton production in 2011/12 is forecast at record high of 122.7 million bales, a 7% increase from preceding year as producers respond to favorable market prices and a much improved credit environment. While 2011/12 production is expected to decline in United States, gains in other major producing countries such as Australia, China, India, Pakistan and Uzbekistan are expected to result in global all-time high.
Brazil is forecast to produce 8.7 million bales in 2011/12, up 2% from a year ago. U.S. is forecast to produce about 16.6 million bales in 2011/12, down 12% from previous year as severe drought conditions caused high abandonment in Texas, a U.S. Department of Agriculture report said. Australia’s 2011/12 crop is forecast at record 4.5 million bales, up 7% from previous year. Harvested area in Australia is expected to decline 7% from preceding year to 550,000 hectares.
China & India - world’s leading cotton producers - are forecast to produce 33.0 million bales & 27 million bales in 2011/12, up 8% & 6% respectively, from a year ago. China’s 2011/12 crop area is expected to increase 7% from previous year, to 5.5 million hectares. India’s area is expected to rise 8% to 12.0 million hectares.
Pakistan & Uzbekistan are forecast to produce 10.3 million bales & 4.3 million bales in 2011/12, up 17% & 5%, respectively, from previous year. Pakistan’s 2011/12 harvested area is forecast at 3.3 million hectares, a 3% increase from a year earlier.
Global 2011/12 cotton area is forecast at 35.4 million hectares, an increase of 6% from preceding year. Global yield in 2011/12 is forecast at 755 kg/ha, the highest in 3 years.
World cotton trade is forecast at 37.6 million bales, up 7% from a year earlier and largest in 4 years. Australia’s 2011/12 exports are forecast to increase 69% from previous year, to 4.4 million bales. In Brazil, 2011/12 exports are forecast to rise 85% from a year ago, to 3.7 million bales. Anticipated 2010/11 bumper crops in Australia & Brazil are expected to result in record exports in two Southern Hemisphere countries.
Exports from African Franc Zone AFZ are forecast to increase 18% from a year ago, to 2.4 million bales. Uzbekistan’s 2011/12 exports are forecast at 3.0 million bales, up 13% from previous year. U.S. leading global exporter is forecast to export 12.3 million bales in 2011/12, a 15% decline from a year ago. India, world’s second largest cotton exporter, is forecast to export 5.0 million bales in 2011/12, unchanged from previous year.
Brazil is forecast to produce 8.7 million bales in 2011/12, up 2% from a year ago. U.S. is forecast to produce about 16.6 million bales in 2011/12, down 12% from previous year as severe drought conditions caused high abandonment in Texas, a U.S. Department of Agriculture report said. Australia’s 2011/12 crop is forecast at record 4.5 million bales, up 7% from previous year. Harvested area in Australia is expected to decline 7% from preceding year to 550,000 hectares.
China & India - world’s leading cotton producers - are forecast to produce 33.0 million bales & 27 million bales in 2011/12, up 8% & 6% respectively, from a year ago. China’s 2011/12 crop area is expected to increase 7% from previous year, to 5.5 million hectares. India’s area is expected to rise 8% to 12.0 million hectares.
Pakistan & Uzbekistan are forecast to produce 10.3 million bales & 4.3 million bales in 2011/12, up 17% & 5%, respectively, from previous year. Pakistan’s 2011/12 harvested area is forecast at 3.3 million hectares, a 3% increase from a year earlier.
Global 2011/12 cotton area is forecast at 35.4 million hectares, an increase of 6% from preceding year. Global yield in 2011/12 is forecast at 755 kg/ha, the highest in 3 years.
World cotton trade is forecast at 37.6 million bales, up 7% from a year earlier and largest in 4 years. Australia’s 2011/12 exports are forecast to increase 69% from previous year, to 4.4 million bales. In Brazil, 2011/12 exports are forecast to rise 85% from a year ago, to 3.7 million bales. Anticipated 2010/11 bumper crops in Australia & Brazil are expected to result in record exports in two Southern Hemisphere countries.
Exports from African Franc Zone AFZ are forecast to increase 18% from a year ago, to 2.4 million bales. Uzbekistan’s 2011/12 exports are forecast at 3.0 million bales, up 13% from previous year. U.S. leading global exporter is forecast to export 12.3 million bales in 2011/12, a 15% decline from a year ago. India, world’s second largest cotton exporter, is forecast to export 5.0 million bales in 2011/12, unchanged from previous year.
