Cotton Demand and Stocks of U.S. Revised for 2018-19 and 2017-18
The U.S. cotton demand projection for 2018/19 was reduced 500,000 bales in July to 18.4 million bales. U.S. exports accounted for the decrease, resulting from reduced available supplies—a lower U.S. crop forecast and lower beginning stocks—coupled with expectations of increased foreign competition. U.S. cotton exports are forecast at 15.0 million...
