Australia: Cotton and Products Annual
Australian cotton production is forecast at 2.2 million bales for 2019/20. Yields are expected to fall due to continued drought and poor seasonal conditions. In 2018/19, high water prices and restrictions on water supplies reduced irrigated cotton production, while dryland cotton plantings suffered from poor rainfall and low soil moisture levels. These conditions are expected to continue in 2019/20. Exports are forecast at 2.4 million bales in 2019/20, reflecting the fall in production and lower stocks.
