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India’s 2012/13 Cotton Production Forecast Down

06 April 2012
USDA Foreign Agricultural Service

INDIA - India’s 2012/13 cotton production is forecast at 32.3 million 170 kg bales (25.2 million 480 lb bales), down two million bales.

Area is expected to drop 10 per cent, but will still be the third highest on record.

Farmers are likely to switch to competitively-priced alternative crops while seeking to diversify their crop mix and risk in response to India’s topsy-turvy cotton export policies.

India banned cotton exports on 5 March, 2012, and is currently conducting a review of export registrations that took place prior to the ban. Some additional exports are expected, but no new export registrations are being accepted. 2011/12 exports are estimated at a record 11.75 million 170 kg bales (9.2 million 480 lb bales) leading to one of the lowest stocks-to-use ratios in at least the past 20 years. Exports are forecast to drop by nearly 50 per cent to six million 170 kg bales (4.7 million 480 lb bales) in 2012/13.

Further Reading

- You can view the full report by clicking here.

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