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- (-) November 2023
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Post lowers the forecast for marketing year (MY) 2023/24 raw cotton imports to 7.5 million bales on lower work orders for garments coupled with Bangladesh’s economic challenges including declining foreign exchange reserves. The export value of ready...
No significant changes are made to the cotton supply and demand outlook. The 2023/24 cotton production forecast is unchanged at 6.5 million bales, total use is 10 million bales, and the import forecast remains 4.2 million bales.
Turkiye’s cotton production in marketing year (MY) 2023/24 is forecast to decrease to 695,000 metric tons (MT; 3.19 million bales), since farmers chose to plant less cotton in response to decreasing cotton prices and rising input costs.
FAS Mumbai forecasts marketing year (MY) 2023/24 India cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous forecast.
Irrigation water limitations in the Guadalquivir basin have nearly halved cotton production in Andalusia, Spain’s main producing region.
Post has revised its India cotton area estimate to 13.3 million hectares, making it the highest cotton area in the country’s history.
The first planting of Bt. Cotton for commercialization in Kenya is planned for the start of the long rains season, which is expected in March or April 2020.
On February 6, 2020, the State Council Tariff Commission announced that China would cut in half the additional tariffs for certain commodities from the United States on February 14, 2020.
Agricultural trade with Taiwan is being impacted by new quarantine measures, port closures, vessel delays, and suspended flights as U.S. agribusiness exporters struggle to find available space....
Bangladesh is a role model of acceptance and advancement of modern agricultural biotechnology.
Peru's 10-year moratorium on genetically engineered (GE) crops and zero tolerance for GE events is scheduled to expire in 2021.
The Philippines continues to be a regional biotechnology leader.