News

USDA brings slight increase in cotton exports from Brazil and reduction in world stocks

Cotton Fruit
Brazil
Market & Price Trends
Published Apr 12, 2024

Tridge summary

The USDA's recent report indicates slight adjustments in the global cotton market, with a minor decrease in world cotton production to 112.92 million bales and a slight increase in global ending stocks to 83.08 million bales. The United States' cotton figures remain stable with production at 12.1 million bales and ending stocks at 2.5 million bales. Brazil's production is unchanged at 14.56 million bales, but its ending stocks have decreased to 5.33 million bales, even as its exports have grown to 11.7 million bales. These changes reflect subtle shifts in the global cotton supply and demand dynamics.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This Thursday (11), the USDA (United States Department of Agriculture) brought its new monthly supply and demand report updating cotton numbers. World fiber production fell slightly, from 112.96 to 112.92 million bales. Global cotton ending stocks rose from 83.34 to 83.08 million bales. Regarding production in the United States, the agency estimated production of 12.1 million bales and ending stocks of 2.5 million, the same figures as in the March report. Brazil's production was also maintained and is ...
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