Cotton - International Trade
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Post increased its estimate for MY 2012/13 seed cotton production by 100,000 tons to 1.6 million tons, a 29 percent increase from MY 2011/12.
Uzbekistan MY 2012/13 cotton lint production is estimated at 4.5 million bales and the export forecast remained unchanged at 3.25 million bales.
Greece’s MY 2012/13 cotton production is estimated at 265,000 MT or 8.6 percent down from the previous year due to lower than expected yields because of bad weather and lower fertilization usage.
The Post/New MY 2013/2014 total Mexican cotton production is forecast to drop approximately 23 percent due to an expected reduction in planting area resulting from low cotton prices.
Spain is the EU’s second largest cotton growing Member State after Greece representing about 20 percent of the total EU-27cotton production.
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