USDA has raised its February 2025 global cotton production forecast to 120.46 million bales, up from January’s 119.45 million.
World cotton ending stocks also increased by 500,000 bales to 78.41 million.
Despite global uncertainties, cotton exports are up by 30,000 bales.
The US maintains steady export levels at 11 million bales, though domestic consumption has dropped slightly.
World cotton ending stocks also increased by 500,000 bales to 78.41 million.
Despite global uncertainties, cotton exports are up by 30,000 bales.
The US maintains steady export levels at 11 million bales, though domestic consumption has dropped slightly.
