American Pima crop may be better than expected
But overall global cotton supply to tighten
HTT Staff -- Home & Textiles Today, 8/1/2013 12:05:11 PM
New York - Although this crop year's supply of long-staple America Pima cotton is expected to be smaller than the previous year, it is not going to be as small as previously projected, according to the latest industry newsletter from the Supima Association of Ameirica.
Supima cited the June 28 acreage report from the U.S. Department of Agriculture, which predicts a 5% decline in the American Pima crop. "The 2012/13 crop year planted acres were 238,400 acres and the 2013/14 new crop plantings are forecast to be 226,000 acres," according to the newsletter.
The entire U.S. cotton crop is expected to decline 17%. And the global crop for the 2013/14 crop year is also expected to be smaller.
"It is without a doubt that the planting environment this year was far more challenging than it was last year. Water played a much more significant factor in planting decisions for all crops this year, not only cotton. Water can still have an effect on production through the possible abandonment of planted acres," the newsletter reported.
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