USDA’s October 2024 WASDE report raised global cotton production by over 200,000 bales, driven by increases in China, Brazil, and Argentina, while the US and Spain saw reductions.
US cotton production dropped by over 300,000 bales due to damage from Hurricane Helene, particularly in Georgia and North Carolina.
Global cotton trade is expected to decline, and ending stocks are projected to fall.
US cotton production dropped by over 300,000 bales due to damage from Hurricane Helene, particularly in Georgia and North Carolina.
Global cotton trade is expected to decline, and ending stocks are projected to fall.
