USDA: Weekly US cotton sales in 2023/24 harvest total 40 thousand bales
Cotton Fruit
United States
Market & Price Trends
Published Mar 1, 2024
Tridge summary
The US Department of Agriculture has reported a significant 69% weekly drop in net sales of cotton for the 2023/24 harvest, amounting to 40 thousand bales, with Turkey as the main buyer. Despite this, the total sales for the commercial year are still substantial at 10.48 million bales. Looking ahead to the 2024/25 season, net sales are at 13.40 thousand bales, with South Korea as the primary buyer. Meanwhile, cotton exports saw a 5% increase last week, reaching 267,100 bales, with China being the top recipient.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Weekly net sales of cotton in the United States in the 2023/24 harvest, between February 16 and 22, totaled 40 thousand bales, with emphasis on Turkey, according to the US Department of Agriculture (USDA, in English) this Thursday (29), a drop of 69% compared to the previous week and 83% compared to the average of the previous four weeks. In the entire commercial year, the North American country has already committed 10.48 million bales, compared to 10.44 million bales of feather in the previous week and 10.53 million bales in the same period last year. The USDA's total estimate for feather exports, according to the latest report, totals 11.57 million bales. Net sales in the 2024/25 season totaled 13.40 thousand bales, with emphasis on ...
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