According to the initial projections by the US Department of Agriculture (USDA), world cotton consumption is expected to increase by 2.6 per cent to reach 125.9 million bales in 2019-20 as against the previous year.
World cotton production is forecast to reach nearly 125.5 million bales in 2019-20, a 6 per cent increase from 2018-19’s global crop that had weather-related reductions in some of the major producing countries
The moderate production growth forecast for 2019-20 is largely the result of increased crop expectations for the US and India. Based on USDA’s initial projections, India, China, and the US—the leading producing countries—are forecast to account for a combined 62 per cent of global cotton production in 2019-20, slightly above 2018-19.
