Cotton: World Markets and Trade (March. 2002)

March 2002 Edition:

U.S. Export Sales on Track for 10.3 Million Bale Export Level

Bar chart showing export commitments to date by country and volume (Week 30 of MY 01/02 vs. Week 30 of MY 94/95)

The U.S. export estimate for MY2001/02 is 10.3 million bales (480-lb. Bales), the highest level in 75 years. Based on export sales reporting, at this point in the marketing year, the United States has exported 60 percent of the forecast of 10.3 million bales. To meet the forecast, average weekly exports of about 185,000 bales are needed for the remainder of the marketing year. At the same time in MY1994/95 shipments had reached 58 percent of the 9.4 million bales final export total. Total commitments at this point in the marketing year are nearly identical at about 10.7 million bales (480-lb.). However, outstanding sales in the current marketing year are less than what they were in MY1994/95, 4.4 million bales (480-lb.) versus 5.3 million bales.

In MY1994/95 China and Japan accounted for 35 percent of total commitments at this point in the marketing year. In the current marketing year these two countries account for only 5 percent of total commitments. Mexico and India are leaders in the current marketing year, accounting for 18 and 13 percent respectively of total commitments. While in MY1994/95, these two countries combined accounted for less than 8 percent.

The 2001/02 marketing year began the year with about double the level of sales on the books as the MY1994/95 season More sales were made during MY1994/95 than are likely this season, but MY1994/95 shipments were constrained by tight stocks, which fell to 2.6 million bales on July 31, 1995

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TABLE OF CONTENTS

U.S. Cotton Outlook
World Cotton Outlook
Cotton Prices
U.S. Cotton Highlights

Most statistical tables contained in this circular may be viewed in Adobe Acrobat format ® (.pdf) or downloaded as Lotus 1-2-3 ® spreadsheets (.wk3).

Tables

Table 1: World Cotton Supply, Use and Trade, 1995/96-2001/2002 (1,000 metric tons) {.pdf, .wk3}
Table 2: World Cotton Supply, Use and Trade, 1995/96-2001/2002 (1,000 480-lb. bales) {.pdf, .wk3}
Table 3: FY 99 GSM-102 and Supplier Credit Programs {.pdf}
Table 4: Area, Yield, and Production by Country 2000/2001-2001/2002 {.pdf, .wk3}
Table 5: Cotton Supply & Distribution by Country 2001/2002 (1,000 480-lb. bales) {.pdf, .wk3}
Table 5-A: Cotton Supply & Distribution by Country 2001/2002 (1,000 metric tons) {.pdf, .wk3}
Table 6: Cotton Supply & Distribution by Country 2000/2001 (1,000 480-lb. bales) {.pdf, .wk3}
Table 6-A: Cotton Supply & Distribution by Country, 2000/2001 (1,000 metric tons) {.pdf, .wk3}
Table 7: Export Sales Summary {.pdf .csv}
Table 8: Northern European Cotton and Adjusted World Price {.pdf}
Table 9: World Cotton Production, Yield, Supply, and Utilization {.pdf, .csv}
Table 10: United States Cotton Production, Yield, Supply, and Utilization {.pdf, .csv}
Table 11: Foreign Cotton Production, Yield, Supply, and Utilization {.pdf, .csv}
Table 12: New Independent States Cotton Supply and Demand, MY 1991/92-2001/2002 {.pdf, .csv}
Table 13:Summary of Changes1999/2000‑2001/02 (1,000 480‑lb. bales) {.pdf, .csv}

	Most statistical tables are available in Adobe Acrobat and Lotus version 3 format. You may need to GET the Acrobat reader.
Download the trade tables in Lotus 123 version 3 format. Please note that some versions of Netscape Navigator will change the filename extension; if this happens, you MUST rename the file to .wk3 to access it.

Last modified: Tuesday, August 30, 2005