Cotton Outlook: Global Production Decrease Led By US, Brazil

By USDA

The latest U.S. Department of Agriculture (USDA) estimates indicate that global cotton production in 2020/21 is projected at 117.5 million bales, about 4.5 percent below 2019/20, and largely the result of lower crop expectations for the United States and Brazil. Smaller reductions are seen for India and China—the largest producers—as well as for the rest of the world combined.