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Reduced Production by Foreign Competitors Drives U.S. Exports

This month's production estimate for the major cotton exporting countries is the lowest since 1996/97. Compared with last year, lower area in the African Franc Zone, Greece, and Syria, and lower yields in the Former Soviet Union, are anticipated to reduce production significantly. Only Australia is expected to raise production, due mainly to favorable prices. These countries collectively accounted for an average of 66 percent of the world's total exports during the past five years. Reduced competitor export supplies are a major factor boosting the estimated U.S. share of world trade to 28.7 percent, well above the previous 5-year average of about 25 percent. This month's U.S. export estimate for MY 2000/2001, remains at 7.6 million bales.

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TABLE OF CONTENTS

U.S. Cotton Outlook

World Cotton Outlook

Cotton Prices

U.S. Cotton Highlights

Special 10 Year World Production, Supply, and Demand {.pdf, .wk4}

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

 

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Last modified: Tuesday, August 30, 2005