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Cotton outlook: News. Data. Analysis.

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  In this, our sixth Special Feature celebrating World Cotton Day , we take stock of some of the developments that have occurred in the industry in terms of sustainability during the past 12 months. We examine the vital promotion of all that is good about our natural fibre, while highlighting pressing issues such as climate change, pollution, and cotton’s declining market share in the face of polyester and fast fashion . World Cotton Day, marked annually on October 7th , provides an opportunity for all those involved in cotton to not only celebrate the biodegradable, natural fibre that clothes us and provides key employment across the globe, but also to collaborate on how to shape a future in which the environment, biodiversity, and farmers’ and workers’ livelihoods are protected, and where fewer and fewer oil-based synthetic textiles accumulate at waste sites, shedding microplastics that pollute the earth. This year, founding organisations will gather in Rome to mark the occasion...

Cotton for Good: celebrating Cotton and its global impact.

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  Every year on October 7th , the world comes together to celebrate a natural fiber that has shaped economies, empowered communities, and championed sustainability: cotton . Since its establishment in 2019, World Cotton Day has grown into a global event, shining a spotlight on the vital role cotton plays in our lives and the planet’s future . With the theme “ Cotton for Good ,” this annual celebration is a call to action to recognize cotton’s contributions and confront the challenges it faces . A Day of Global Recognition The idea for World Cotton Day was first conceived at the International Cotton Advisory Committee (ICAC) in 2018. The following year, the WTO hosted the inaugural event with help from the Food and Agriculture Organization (FAO) , Internationa Trade Centre (ITC) , and United Nations, Conference on Trade and Development (UNCTAD) , United Nations Industrial Development Organization (UNIDO) , and the ICAC. Since then, the International Atomic Energy Agency (IAEA) h...

Explore how best to bolster cotton's impact and value.

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In recent years, the United Nations officially recognized October 7th as World Cotton Day ,  a day to spotlight the cotton sector and its reach across economies and livelihoods worldwide . This year's theme, "Cotton for Good", celebrates the myriad benefits associated with the fibre as well as the need to invest in sustaining cotton's future . Today, the focus is on Benin, where Better Cotton representatives will be among the 400 attendees convening in Cotonou to explore how best to bolster cotton's impact and value . Benin is especially significant as it recently became the latest country to have a Better Cotton Programme launched. Together with Mozambique, Egypt, Mali and Côte d'Ivoire, our programmes in Africa will play an instrumental role in transitioning toward a more sustainable cotton future across the continent . As we continue to build relationships in cotton-farming communities of all scales , we are taking a moment amid WCD 2024 to reflect on s...

U.S. Cotton Crop Forecast Reduced but Highest in 3 Years.

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Thee USDA’s first survey-based estimate of the 2024/25 U.S. cotton crop is 15.1 million bales. Although 11 percent below last month’s projection, the estimate is 25 percent above last season’s final estimate of 12.1 million bales. The 2024 cotton planted area estimate of nearly 11.2 million acres is based on all available data, including the latest certified acreage from the Farm Service Agency. This season’s cotton planted area is 9 percent above 2023/24, as cotton prices heading into planting season were more favorable relative to other crops. With improved moisture conditions compared with a year ago across much of Texas—the largest cotton-producing State—the early-season U.S. abandonment projection is reduced compared with last year. A U.S. abandonment rate of 23 percent projected for 2024/25 is below the year before and less than half the 47 percent record for 2022/23. U.S. cotton harvested acreage is forecast at 8.6 million acres, the highest in 3 years. The U.S. cotton y...

U.S. Cotton Demand and Stock Estimates Revised.

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  U.S. cotton demand (mill use plus exports) and stocks for 2024/25 and 2023/24 were adjusted in August based on the latest available data. U.S. exports for 2024/25 are forecast at 12.0 million bales, 1.0 million below the July projection but slightly above the previous year (figure 4). The lower forecast is attributable to the reduced crop estimate this month as well as decreased import prospects from China, a major destination for U.S. cotton. U.S. cotton mill use is projected at 1.9 million bales in 2024/25, unchanged from July but slightly above last year. The U.S. export estimate for 2023/24 was increased this month to 11.75 million bales, the lowest since the 2015/16 shipments of 9.2 million bales. Complete data for 2023/24 U.S. cotton exports will be available in September. Estimated U.S. cotton mill use remains at 1.85 million bales in 2023/24. The United States is expected to be the second largest cotton exporter to the world in 2024/25. Lower U.S. production, associated ...

U.S. Cotton Product Trade Slightly Lower in First Half of 2024.

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  Total U.S. cotton textile and apparel trade declined during the first half of 2024, compared with the corresponding 2023 period. U.S. cotton product imports totaled the equivalent of 7.2 million 480-pound bales of raw cotton during January–June 2024 compared with 7.4 million bales during the first 6 months of 2023, a 3-percent decline. Cotton product exports decreased 5 percent to approximately 1.2 million bale-equivalents. As a result, the cotton textile and apparel trade deficit fell about 2.5 percent during the first half of 2024, reaching 6.1 million bale equivalents. U.S. cotton product imports are sourced from many countries, although most products are imported from a handful of suppliers. During the first half of 2024, the top five countries contributed 68 percent of total U.S. cotton product imports , slightly above the corresponding period in 2023. Although the total share is similar, changes are notable for a couple of countries, indicating the vitality of each countr...

Global 2024/25 Cotton Production Forecast Higher.

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Global cotton production in 2024/25 is projected at 117.6 million bales, about 3.5 percent (4.1 million bales) above the previous year and 2 percent above the 5-year average (figure 6). For 2024/25, cotton production prospects for most of the major-producing countries are projected to increase. Year-over-year gains in the United States and Brazil were largely responsible for the global increase, offset slightly by declines in India and Pakistan. World 2024/25 cotton harvested area is forecast at 31.5 million hectares (77.8 million acres), less than 1 percent above the previous year. The 2024/25 global cotton yield is forecast at 813 kilograms (kg) per hectare (725 pounds per acre), 3 percent above the 3-year average and a record high. World cotton production is concentrated among a few countries, with the top four countries accounting for 71 percent of total expected production in 2024/25, the same as the previous season. China and India are expected to remain the leading cotton produ...