Brazil: Cotton and Products Annual
Post forecasts planted area for cotton on 2015/16 to drop to 950,000 hectares as a result of low global prices and high cost of production. Production will also drop to 6.5 million bales (1.425 million metric tons), a six percent reduction compared to the 2014/15. Post forecasts cotton exports for 2015/16 at 3.6 million bales as a result of the expected Brazilian currency.
