Brazil: Cotton and Products Update

  |   Attaché Report (GAIN)

Post forecasts Brazil’s 2018/19 marketing year (MY) cotton area to reach 1.4 million hectares (ha), an increase of 19 percent compared to the previous MY. The planted area expansion is a result of rising cotton prices and strong export demand. Exports are forecast to reach 6 million bales, up from 4.2 million bales from the banner 2017/18 season. Domestic consumption is forecast at 3.5 million bales, which is a marginal 3 percent increase compared to last MY, due to Brazil’s uncertain economic outlook for the next year.

Brazil: Cotton and Products Update

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