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Graphic showing the percentage of U.S. agricultural production which is exported overseas. All told, more than 20 percent of U.S. agriculture is exported.
The Indian Meteorological Department (IMD) forecast a near normal Southwest Monsoon for 2018 suggesting that June to September rainfall is likely to be 97 percent of the Long Period Average (LPA).
MY 2017/18 raw cotton production is projected at 135,000 bales based upon favorable weather and expansion of American Upland cotton planted area.
ATO Shenyang successfully conducted nine market promotion and development activities on corn, fruit, HRI, lumber, meat and seafood in the fourth quarter of 2017.
Cotton production in MY17/18 (Aug-Jul) is projected to fall to 176,000 bales (38,000 MT) because of poor weather conditions and pest damage.