Browse Data and Analysis

Post raises its marketing year (MY) 2024/25 cotton production estimate to 6.2 million metric tons (MMT) on record high yields of more than 2.1 MT per hectare.

Post forecasts production for marketing year (MY) 2024/25 at 0.89 million 480-lb bales, a similar level as in MY 2023/24. The planting area is expected to decrease due to farmers switching to more profitable crops, drought conditions, and limited access to water from dams.

This report provides the latest status of consumption, regulation, public perception, research, development, production, government policy, and use of agricultural biotechnology in Japan. In general, Japan uses a science-based process for evaluating and granting approval for import and production of genetically engineered products.

FAS Bangkok forecasts Thailand’s rice and corn production to increase in MY 2024/25 in response to improvement in average yield due to higher water supplies, compared to MY 2023/24.

Vietnam’s cotton imports for marketing year 2024/25 (MY 2024/25) are estimated at 6.8 million bales, up 4 percent over MY 2023/24 based on an expected recovery in global demand for textiles and garments by late 2024.

In 2024, Brazil surpassed the United States in cotton production and exports for the first time on record. Brazil's MY2024/25 planted area is also estimated to reach a new record. Favorable prices compared to corn as well as lower production costs have boosted cotton's profitability, making it the preferred choice for second crop planting.

In marketing year (MY) 2024/25, due to favorable climatic conditions, avocado production is expected to total 200,000 metric tons (MT), representing a 33.3 percent increase from MY 2023/24. The area planted will total 33,010 hectares, reflecting a one percent growth from MY 2023/24.

In Spain, wine is an important part of the economy, society, landscape, culture and gastronomy. Spain boasts the world’s largest vine area and is the third largest wine producer in the European Union (EU), after France and Italy.

Record-high remittances continue to boost consumer spending in 2024. U.S. agricultural exports to Nicaragua through September 2024 are up four percent compared to the same period in 2023.

Export prices rose 1-3 percent from the previous week as the Thai baht strengthened and exporters continued to secure the rice supplies to fulfill contract shipments.

Turkiye’s cotton production in marketing year (MY) 2024/25 is forecast to increase to 865,000 metric tons (MT; 3.97 million bales), since farmers planted cotton on larger area in response to temporary cotton price hikes during the planting season and because of better yields compared to last MY due to better weather conditions.

MY2024/25 cotton area harvested for Senegal, Mali, and Burkina Faso is estimated to decrease 17 percent to 981,000 HA. This is mainly due to decreased planted area resulting from a late rainy season in all three countries, as well as civil conflict in Burkina Faso.