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U.S. Exports Forecast to Exceed Consumption in 2001/02 for First Time Since Mid 1980's

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For the first time since 1984/85, U.S. cotton exports are forecast to exceed consumption in 2001/02 by 200,000 480-lb bales.  While consumption is still relatively high, in historical terms, it has fallen for the past 4 years from a record level of 11.3 million in 1997/98.  Production, however, remains at near record levels, resulting in large exportable surpluses.  During the period 1979/80 to 1984/85 consumption fell below 6.0 million bales for the first time since the mid 1930’s (due to economic conditions).  Exports at the same time remained strong and surpassed consumption in 5 of the 6 years. Prior to 1979/80, exports had not exceeded consumption since 1937.

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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

 

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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.

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Last modified: Tuesday, August 30, 2005