banner-slide-3

News Details

Home / News / USDA-WASDE

USDA-WASDE

USDA-WASDE

July-2024


COTTON: The July U.S. cotton projections for 2024/25 show higher acreage, production, and beginning and ending stocks compared to last month. Projected domestic use and exports are unchanged. U.S. planted area is 1 million acres higher, as indicated in the June Acreage report, leading to a 1-million-bale increase in the crop projection to 17.0 million bales. Ending stocks are 1.2 million bales higher at 5.3 million, or 36 percent of use, primarily due to the larger projected crop. The 2024/25 season average upland farm price is reduced 2 cents from the June forecast to 68 cents per pound. Revisions to the 2023/24 U.S. cotton balance sheet include a 200,000- bale reduction in exports to 11.6 million based on the slowing pace of export shipments and a corresponding 200,000-bale increase in ending stocks.


For the global 2024/25 cotton balance sheet, production and consumption are increased, while beginning stocks and world trade are reduced. Beginning stocks are 1.7 million bales lower compared to June with India accounting for a large portion of the reduction. The forecast for global production is raised 1.1 million bales to 120.2 million, largely due to higher forecasted production for the United States. Consumption is 250,000 bales higher with increases in India and Malaysia offsetting reductions elsewhere. As a result, world ending stocks are reduced 860,000 bales from June to 82.6 million. Revisions to the 2023/24 world balance sheet include lower beginning stocks and higher consumption, resulting in a 1.7-million-bale reduction in ending stocks.

USDA-WASDE

Latest News & Reports

PCCA Cotton Market Weekly

AUGUST 18, 2025 The Week Ahead • This week should be a little quieter on the data front. A...

Read More...

Customs Duty Exemption on Import of Cotton

Notification No. 35/2025-Customs (dated 18th August 2025) CBIC has removed the import duty and ...

Read More...

Basis Comparison of ICS 105 with ICE Futures - 18th August 2025

Tabulation & Chart regarding the Basis Comparison of ICS 105 with ICE Futures - 18-08-2025 prepared...

Read More...

Basis Comparison of ICS 105 with Cotlook A Index - 18th August 2025

Tabulation & Chart regarding the Basis Comparison of ICS 105 with Cotlook A Index - 18-08-2025 prep...

Read More...

CAI Training Course - Schedule

“Cotton-Quality Assessment & Marketingin Present Scenario” (17thSeptember 2025 to 19thSept...

Read More...