Cotton forecast: Production to exceed rate of use
8 November 2017
GLOBAL cotton stocks, outside of China, are expected to lift to a record 53 million bales for in 2017-18.
This is up from 41 million bales last season, according to a recent US Department of Agriculture report.
TheUSDA report is also tippinga 15 per cent expansion in cotton production, which is outpacing rising global cotton use.
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