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USDA: India’s cotton production to grow by 4%

May 11, 2021
USDA: India’s cotton production to grow by 4%

Chennai, Tamil Nadu

The US Department of Agriculture (USDA) has predicted India’s cotton production to increase by 4% and reach 37.8 million bales (of 170 kg each) in the next season, between October 2021 and September 2022, as compared to the current season’s estimate of 36.25 million bales. This prediction is considering the India Meteorological Department’s (IMD) normal forecast of the southwest monsoon.

The USDA also projected that the area under cotton will be lower at 12.9 million hectares from 13 million hectares. Punjab and Haryana will start sowing followed by other states next month.

The prediction by USDA is on a higher scale than that of India’s Committee for Cotton Production and Consumption (CCPC) and Cotton Association of India (CAI) predictions.

The USDA also expects the consumption by the industry next season to be at 32.4 million bales compared with 30.1 million bales this year. It expects the mills’ consumption to increase by 8%. It estimated exports to increase to 7.7 million bales from this season’s projection of 6.65 million bales. The USDA has further predicted cotton imports at 1.28 million bales from 1.02 million bales projected for the current season. It has also estimated the carryover stocks at 12.86 million bales compared to this season’s estimate of 13.18 million bales.

Source: The Hindu Business Line

Image Source: Unsplash 

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