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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