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Dec 082020
 

Based on the underlying assumptions and resulting cotton balance sheet, stable stocks outside of China, increased export competition from Brazil, recovery in Australia’s production, and low manmade fiber prices will have a bearish influence on cotton prices. This past year can be characterized as a year with significant uncertainty and volatility in the global economy and the world cotton … Login to Cotlook Expand . Lower production in Australia, Pakistan, and Turkey has led to higher U.S. export sales. An abundance of information such as a profile of U.S. cotton’s economic contributions and updated U.S. cotton acreage, production and export numbers, Facts on the federal farm law including details on crop insurance and conservation programs. For more information, contact: Leslie Meyer, Beginning, Limited Resource, Socially Disadvantaged, and Female Farmers, Food Assistance Data & Collaborative Research Programs, Supplemental Nutrition Assistance Program (SNAP), International Consumer and Food Industry Trends, Trade Policy & World Trade Organization (WTO), International Food Security Assessment, 2020–30, Agricultural Resources and Environmental Indicators, 2019, Understanding Low-Income and Low-Access Census Tracts Across the Nation: Subnational and Subpopulation Estimates of Access to Healthy Food, ERS Coronavirus (COVID-19) Media Resources, Selected Weekly Fresh-Market Vegetable Movement and Price, Food Loss: Why Food Stays On the Farm or Off the Market, Developing Alternatives to Antibiotics Used in Food Animal Production, SNAP Redemptions Contributed to Employment During the Great Recession, Cotton and Wool Outlook Tables: February 2020, Cotton and Wool Outlook Tables: January 2020, Cotton and Wool Outlook Monthly Tables: February 2019, Forecasting the U.S. Season-Average Farm Price of Upland Cotton: Derivation of a Futures Price Forecasting Model, Cotton and Wool Outlook Monthly Tables: February 2018, Cotton and Wool Outlook Monthly Tables: January 2018, Cotton and Wool Outlook Tables: February 2017, Cotton and Wool Outlook Tables: January 2017, Cotton and Wool Outlook Tables: February 2016, Cotton and Wool Outlook Tables: January 2016, Cotton and Wool Outlook Tables: February 2015, Cotton and Wool Outlook Tables: January 2015, Cotton and Wool Outlook Tables: February 2014, Cotton and Wool Outlook Tables: January 2014, Cotton and Wool Outlook Tables: February 2013, Cotton and Wool Outlook Tables: January 2013, U.S. Net Textile and Apparel Imports Decline in 2011, Foreign Cotton Consumption/Production Gap Reduced, Brazil's Cotton Industry: Economic Reform and Development, Fiber Use for Textiles and China's Cotton Textile Exports, China's Cotton Supply and Demand: Issues and Impact on the World Market, Growth Prospects for India's Cotton and Textile Industries, The Forces Shaping World Cotton Consumption After the Multifiber Arrangement, Cotton: Background and Issues for Farm Legislation. (901) 725-0510 Fax, National Cotton Council of America Dates and places of key meetings of the National Cotton Council, various NCC member firms and cotton interest organizations, Archives of the National Cotton Council's premier member newsletter, Links to information from National Cotton Council annual meetings and other key NCC forums, Current and archived National Cotton Council news releases, http://www.cotton.org/econ/reports/annual-outlook.cfm, NCC Survey Suggests U.S. Producers to Plant 13.0 Million Acres of Cotton in 2020. Historically, Cotton reached an all time high of 1349 in September of 2020. (202) 745-7805 “Given the bearish developments the past two months, it is going to be difficult for producers to get a decent price for cotton in 2020,” Hultman concluded. Cotton Outlook – May 2020 Agricultural Market Intelligence Centre, PJTSAU Page 1 Cotton Outlook – May 2020 World Scenario Global 2019-20 cotton area, production and productivity are projected at 34.50 million hectares (85.50 million acres), 121.50 million bales and 791 Kg/ha, which were nearly 4 and 6 Dec 20 Cotton closed at 70.59, unchMar 21 Cotton closed at 72.19, up 4 pointsMay 21 Cotton closed at 73.07, up 2 pointsJul 21 Cotton … (901) 274-9030. Broadcasters can download interviews with National Cotton Council leaders/staff, Congressional Members and government officials. through Thursday. Click on the link to view the report. National Cotton Council economists point to a few key factors that will shape the U.S. cotton industry’s 2020 economic outlook. This past year can be characterized as a year with significant uncertainty and volatility in the global economy and the world cotton market. 14:30 GMT 2nd Dec, 2020: View Historical Data. Copyright © 1996-2020 National Cotton Council of America. You are here: Cotton Outlook | Cotlook Price Information. The latest available data and analysis of potential effects of the coronavirus (COVID-19) on U.S. commodity markets. Additional details of the 2020 Cotton Economic Outlook are on the NCC’s website at http://www.cotton.org/econ/reports/annual-outlook.cfm. Cotton Outlook - January 2020 Agricultural Market Intelligence Centre, PJTSAU Page 1 Cotton Outlook – January 2020 World Scenario Global 2019-20 cotton area, production and productivity are projected at 34.90 million hectares (86.20 million acres), 121.10 million bales and … Reducing food loss in produce—when fruits and vegetables are not eaten by consumers—is a priority for the USDA and other national and international food and environmental entities. U.S. cotton producers intend to plant 14.5 million cotton acres this spring, up 2.9% from 2018 (based on USDA’s December 2018 estimate), according to the NCC’s 38th Annual Early Season Planting Intentions Survey. The Cotlook A index was 79.80 cents/lb on the 30th, up 85 points. Cotton and Wool Outlook No. ERS research found that Supplemental Nutrition Assistance Program (SNAP) redemptions were associated with increased local employment—with $10,000 of redemptions contributing to 0.4 additional urban jobs and 1.0 additional rural jobs. According to USDA’s September Crop Production report, 2020 U.S. cotton production is forecast at nearly 17.1 million bales, 1 million below the August estimate and 2.8 million bales below … Public access area provides links to information, conversion tables, calendar of events and glossary of terms. Nov 29, 2020 (MarketResearch.biz via Comtex) -- The latest edition of Cotton Buds Market Report … U.S. Cotton Production Forecast Unchanged in June USDA’s 2020 U.S. cotton production projection remains at 19.5 million bales in June, 2 percent (400,000 bales) below the 2019 crop. In their Cotton Outlook report, the agency noted that expected harvest prices for cotton relative to corn and soybeans has played a key role in the cotton area planted.Cotton futures prices from mid-January through mid-February 2020 … 1521 New Hampshire Ave NW The National Cotton Council’s Weekly Cotton Market Report, its annual Economic Outlook and more, Statistics on U.S. cotton textile imports and exports data and a textile trade policy summary, Links to weather websites and to exchange/market websites, Contact information, including a list of staffers, of House and Senate Members in Cotton Belt states, Links to key USDA agencies and services and to other government websites, Database of agribusiness firms who have a stake in a healthy U.S. cotton industry, Bale packaging, specifications, standards, permanent identification, Reports, studies, links to other resources, Improvement initiatives, warehouse reporting, shipping standards, Boll weevils, nematodes, seedling diseases, cotton pest loss data, Best management practices, Cotton Physiology Today newsletters archives, water use, Guidelines, Module Averaging, Bale Moisture, OSHA, oil spill prevention, fire/building codes, hazardous material rules, 2021 Beltwide Cotton Conferences January 5-7, 2021- Virtual Live-Stream Event. During the past 20 years, the August … 7193 Goodlett Farms Parkway (CWS-20e) 6 pp. ERS research in this topic area focuses on the economic, social, spatial, temporal, and demographic factors that affect the poverty status of rural residents. Despite cotton reaching almost 14 million planted acres in 2019 (2.7% less than 2018 acreage), the white blanket may not cover 11 million acres in 2020. 2020/21 Outlook Caveats. Cotton and Wool Outlook A report published 9 months of the year that provides supply and use projections for U.S. and global cotton markets based on the most current World Agricultural Supply and Demand Estimates. Forecasts and estimates of farm sector income with component accounts: for the United States, 1910-2020F; and for States, 1949-2019. Subscriptions; Advertising; eStore; Contact; ... 23:00 GMT 01/12/2020. Select a decade or year to expand/collapse. Not a subscriber yet? Ongoing Trade Tensions Between the U.S. and China Creating Uncertainty in the World Economy, Global Cotton Market. - Try Now Risk-Free - Money-back guarantee! Using an average 2020 U.S. yield per harvested acre of 848 pounds generates a cotton crop of 19.8 million bales, with 19.1 million upland bales and 675,000 extra-long staple bales. While the Phase 1 trade agreement provided some cautious optimism for an improvement in the cotton economic situation, the China coronavirus outbreak in the early weeks of 2020 could delay China’s ability to increase purchases in the near-term. … Highlights from our current and past research, Monday through Friday. Cordova, TN 38016 U.S. exports are projected to drop slightly to 16.4 million bales in the 2020 marketing year. You will receive announcements of our latest reports and other news as shown on the ERS calendar. 19:58 GMT 01/12/2020. U.S. cottonseed production is projected to decrease to 6.1 million tons in 2020. Yesterday’s report, at least in my mind, seemed to reinforce that and solidify the direction for prices, and the hurdles we face toward a more healthy cotton outlook for the 2020 … On Jan. 15, 2020… The May 2020 Cotton and Wool Outlook report presents and discusses USDA's initial 2020/21 U.S. and world cotton supply and demand projections. That simply suggests that rising hard red winter wheat futures at present levels might lower southwestern cotton plantings year over year. Stocks outside of China are projected to increase to a record level in 2020. Keywords: Cotton, supply and use, forecast, exports, prices, textile trade. Despite cotton reaching almost 14 million planted acres in 2019 (2.7% less than 2018 acreage), the white blanket may not cover 11 million acres in 2020. UK. Revisions to 2019/20 will also be highlighted in the report. ERS studies programs such as the National School Lunch Program. NCC Survey Suggests U.S. Producers to Plant 14.5 Million Acres of Cotton in 2019. Pakistan: local cotton … World mill use is projected to increase to 121.7 million bales in 2020. Cotton price (per pound) equal to 73.750 USD at 2020-11-23, but your current investment may be devalued in the future. USDA’s Economic Research Service: A Trusted Source for Farm Bill Research and Analysis. As with any projections, there are uncertainties and unknowns that can change the outcome. The reduction to the ICAC’s forecast for 2020-21 world cotton production follows a downgrade on Friday by Cotton Outlook of 146,000 tonnes to 24.24m tonnes to its estimate. Receive announcements of our latest reports and other news as shown on the ERS calendar. The AWP for cotton is 58.63 cents/lb. Sales reached the highest level in the marketing year during the week ending on February 6. The Ministry of Agriculture in its first advance estimate of commercial crops for 2020-21 season (October-September) has pegged cotton production at 371.18 lakh bales (of 170 kg each). To come out better in 2020, we’ve clearly got some challenges ahead. Updated December 2, 2020. Prior to the implementation of tariffs, the United States was in a prime position to capitalize on the increase in Chinese cotton imports. According to the Cotton and Wool Outlook, The Cotlook A index was 79.80 cents/lb on the 30th, up 85 points. The last seven years have been a case study in how foreign government policies have influenced the cotton market. Will that momentum carry forward into 2021? The May 2020 Cotton and Wool Outlook report presents and discusses USDA's initial 2020/21 U.S. and world cotton supply and demand projections. Vietnam is currently the top export market for U.S. cotton in the 2019 crop year, followed by China and Pakistan. Dec 20 Cotton closed at 70.59, unchMar 21 Cotton closed at 72.19, up 4 pointsMay 21 Cotton closed at 73.07, up 2 pointsJul 21 Cotton closed at 73.77, up 2 points--- provided by Brugler Marketing & Management National Cotton Council economists point to a few key factors that will shape the U.S. cotton industry’s 2020 economic outlook. The March 2020 Cotton and Wool Outlook report presents and discusses USDA's latest 2019/20 U.S. and world cotton supply and demand projections. Username Password Remember … The next question concerns moisture and growing … This page contains data on sugar and sweeteners supply and use. Cotton Outlook - April 2020 Agricultural Market Intelligence Centre, PJTSAU Page 1 Cotton Outlook – April 2020 World Scenario Global 2019-20 cotton area, production and productivity are projected at 34.60 million hectares (85.50 million acres), 121.60 million bales and 765 Kg/ha, which were nearly 3.5 and As a result, the potential impacts of the coronavirus represent a significant wildcard in the outlook for the world cotton market in the 2020 crop year. The indicators covered in this report provide assessments of important ch... State, metropolitan area, and micropolitan area estimates of access to healthy food, along with estimates of access for subpopulations. When combined with U.S. mill use, total offtake falls short of expected production, and ending stocks are projected at 5.9 million bales. However, with record stocks outside of China, increased production in Brazil, and a partial recovery in Australia’s production, the U.S. will continue to face strong export competition in 2020. Selected Weekly Fresh-Market Vegetable Movement and Price describes the change in shipment volume, farm prices, and retail prices of select vegetables for the week noted. Javascript must be enabled to submit this form. ICE No. National Cotton Council economists point to a few key factors that will shape the U.S. cotton industry’s 2020 economic outlook. Cotton and Wool Outlook ERS Log in or Sign Up to subscribe Examines the latest USDA cotton projections for the production, supply, demand, and global ending stocks in the United States as well as in major exporters and importers of cotton … He suggests … T. Cotton Nelson While the COVID-19 virus and subsequent medical research has dominated the news headlines for much of 2020, the minds at Cotton Incorporated have … ERS conducts research on USDA's child nutrition programs and their role in children's food security, diets, and well-being. ERS compares the prices paid by consumers for food with the prices received by farmers for their corresponding commodities. Cotton Outlook Menu . Subscribe to RSS Feed 'A' Index Explained. While export competition from Brazil remains strong, the U.S. has had increased opportunities for export sales to other markets in the 2019 crop year. Last week, trade body Cotton Association of India (CAI) estimated cotton … Domestic Outlook U.S. 2020 Cotton Crop Forecast Higher in August. Subscribe to RSS Feed 'A' Index Explained. Robinson, speaking at the recent economic outlook section of the Beltwide Cotton Conferences in Austin, Texas, said forecasts since September "have been changing and will continue to do so." Agricultural Resources and Environmental Indicators, 2019, describes trends in economic, structural, resource, and environmental indicators in the agriculture sector. Cotton and Wool Outlook Tables: February 2020. by Leslie Meyer. You are here: Cotton Outlook | Cotlook Price Information. With the imposition of the 25.0 percent tariff, China has turned to other suppliers during the 2018 and 2019 marketing years, allowing Brazil, Australia, and other countries to gain market share. As part of the agreement, China has agreed to purchase an average of $40 billion in U.S. agricultural commodities, including cotton, over the next two years. From Cotlook, Ltd. The animal pharmaceutical industry continues to develop new drugs, but a growing share are generic versions of existing animal drugs or are designed for companion animals (instead of food animals). In 76 low- and middle-income countries, the number of food-insecure people is projected to increase by 83.5 million to 844.3 million in 2020 due to effects of COVID-19 on GDP. through Thursday. National Cotton Council of America In the face of rising textile imports from Asian suppliers, the U.S. textile industry has focused on new investment and technology adoption in order to remain competitive. These comparisons are reported for a variety of foods sold in retail food stores. June 2020 Market Summary International cotton prices, as measured by the Cotlook A Index, again fluctuated within a fairly narrow range during June, and gained modest ground under the lead of New … This past year can be characterized as a year with … As a result, the United States will remain the largest exporter of cotton in 2019 with 16.5 million bales. Campiche noted that export markets continue to be U.S. raw fiber’s primary outlet. For this outlook, the U.S. is assumed to export 2.5 million bales to China in the 2020 crop year as compared to an estimated 2.0 million bales in the 2019 crop year. NCC economists point to a few key factors that will shape the U.S. cotton industry’s 2019 economic outlook. ' Index Explained … If you are here: Cotton, U.S. mills continue to be critically important the... Seven years have been a case study in how foreign government policies have influenced the Cotton.!, Pakistan, and Environmental Indicators, 2019, describes trends in,... 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