Washington DC-based International Cotton Advisory Council has estimated that the global beginning stocks for 2011 are estimated to be 9.4 million metric tons, the lowest since 2005. And more importantly, the US, which is the world's leading exporter of cotton, had the lowest beginning stock in 2011 since 2000. According to October 2010 estimates of the United States Department of Agriculture (USDA), the global cotton production in 2010 is projected to be 11 6.68 million bales. The beginning stocks for 2010/11 have been slightly reduced to 46.69 million bales from its September estimate of 46.98 million bales. A recent evaluation by Texas AgriLife Extension Service and PCG show that four counties in the cotton growing regions of High Plains, were severely damaged by hail-storms during October 20-22, 2010.
|Number of pages||3|
|Specialist publication||Textile Magazine|
|State||Published - Jan 2011|