Foreign Cotton Consumption/Production Gap Reduced
by Leslie Meyer
, James Kiawu, and Stephen MacDonald
Outlook No. (CWS-11h) 17 pp, October 2011
The latest U.S. Department of Agriculture (USDA) cotton projections for 2011/12 indicate that the gap between foreign consumption and production is projected to decrease significantly this season and fall below 5 million bales for the first time since 2004/05 (fig. 1).
Keywords: forecast; imports; exports; textile; fiber; supply & use; bales; cotton; trade deficit
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