Cotton: World Markets and Trade (September 2000)

U.S. Production Affected by Drought but Strong World Demand Supports Exports

The forecast for U.S. production for MY2000/01 decreased by 844,000 bales, 4.4 percent, from last month due to the drought and heat in the Delta and Southwest regions. However, the U.S. consumption forecast remains unchanged. Continued strong world demand, at a record 92.6 million bales, and relatively tight foreign stocks, the lowest level in 6 years, indicate continued demand for U.S. cotton. The decrease in U.S. supply of over 900,000 bales increased the export share of available supply to 65 percent, the highest in two years. Even with a 700,000-bale decrease, U.S. ending stocks of 4.2 million bales remain at the highest level since 1992/93. However, the stocks-to-use ratio, 23.2 percent, is the same as last season.

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TABLE OF CONTENTS

U.S. Cotton Outlook

World Cotton Outlook

Cotton Prices

U.S. Cotton Highlights

China’s Exports More than Double; United States Remains Top Exporter.

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, 1994/95-1999/2000 (1,000 metric tons) {.pdf, .wk3}
Table 2: World Cotton Supply, Use and Trade, 1994/95-1999/2000 (1,000 480-lb. bales){.pdf, .wk3}
Table 3: FY 99 GSM-102 and Supplier Credit Programs {.pdf, .wk3}
Table 4: Area, Yield, and Production by Country 1998/99-1999/2000 {.pdf, .wk3}
Table 5: Cotton Supply & Distribution by Country 1999/2000 (1,000 480-lb. bales) {.pdf, .wk3}
Table 5-A: Cotton Supply & Distribution by Country 1999/2000 (1,000 metric tons) {.pdf, .wk3}
Table 6: Cotton Supply & Distribution by Country 1998/99 (1,000 480-lb. bales) {.pdf, .wk3}
Table 6-A: Cotton Supply & Distribution by Country, 1998/99 (1,000 metric tons) {.pdf, .wk3}
Table 7-A1: U.S. Cotton Exports by Country of Destination (1,000 480-lb. bales) {.pdf, .wk3}
Table 7-A2: U.S. Cotton Exports by Country of Destination (1,000 U.S. dollars) {.pdf, .wk3}
Table 7-B: U.S. Cotton Imports by Country of Origin (1,000 480-lb. bales) {.pdf, .wk3}
Table 8: Export Sales Summary {.pdf}
Table 9: Northern European Cotton and Adjusted World Price {.pdf, .wk3}
Table 10: World Cotton Production, Yield, Supply, and Utilization {.pdf, .wk3}
Table 11: United States Cotton Production, Yield, Supply, and Utilization {.pdf, .wk3}
Table 12: Foreign Cotton Production, Yield, Supply, and Utilization {.pdf, .wk3}
Table 13: New Independent States Cotton Supply and Demand, MY 1991/92-1999/2000{.pdf, .wk3}

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 4 format. Please note that some versions of Netscape Navigator will change the filename extension; if this happens, you MUST rename the file to .wk4 to access it.

Last modified: Tuesday, August 30, 2005