Cotton: World Markets and Trade

摘要

World cotton production for crop year 1994/95 is estimated at 84.0 million bales, unchanged from last month's forecast. The U.S. cotton production forecast is unchanged at a record 19.7 million bales. World cotton production for crop year 1993/94 is estimated at 76.9 million bales, unchanged from last month's estimate. World cotton consumption for MY 1994/95 is projected at 85.2 million bales, up 210,000 bales from last month's forecast. The U.S. cotton consumption forecast is 11.3 million bales, up200,000 bales from last month's forecast. World cotton consumption for MY 1993/94 is estimated at 85.1 million bales, up 215,000 bales from last month's estimate. U.S. consumption in 1993/94 was 10.4 million bales. World cotton exports for MY 1994/95 areprojected at 28.9 million bales, up 240,000 bales from last month's forecast. The U.S. cotton export forecast for MY 1994/95 is 10.0 million bales, up 400,000 bales from last month's forecast. World cotton exports for MY 1993/94 are estimated at 26.8 million bales, unchanged from last month's estimate. U.S. exports in 1993/94 were 6.9 million bales. World cotton ending stocks for MY 1994/95 are projected at 30.4 million bales, up 135,000 bales from last month's forecast. U.S. ending stocks for MY 1994/95 are forecast at 2.1 million bales, down 600,000 from last month's forecast. World cotton ending stocks for MY 1993/94 are estimated at 30.7 million bales, up 580,000 bales from last month's estimate. The U.S. ending stock estimate for MY 1993/94 remains at 3.5 million bales.