The USDA WASDE report has projected a weaker global cotton outlook for 2025–26, with production, consumption and exports all revised lower.
Output is cut by nearly 300,000 bales to 119.79 million, while mill use drops to 118.61 million bales.
Higher ending stocks keep the global stocks-to-use ratio at 64 per cent.
US production rises slightly, but mill use falls to its lowest level in almost 150 years.
Output is cut by nearly 300,000 bales to 119.79 million, while mill use drops to 118.61 million bales.
Higher ending stocks keep the global stocks-to-use ratio at 64 per cent.
US production rises slightly, but mill use falls to its lowest level in almost 150 years.
