Brazil'S Cotton Output Has Increased By &Nbsp, And Its Export Has Reached 400 Thousand Tons.

2011/4/9 14:32:00 62

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Increasing Cotton Planting Area In Brazil Cotton Production

Brazil Cotton Advisory Committee (CONAB) latest forecast of 2010/11

Cotton yield

It was 2 million 27 thousand and 600 tons, an increase of 77 thousand and 400 tons from the previous month, an increase of 69.8% over the year 2009/10.

The Brazil cotton Exporters Association (ANEA) predicts that cotton production will reach 1 million 990 thousand tons in 2010/11, and the output will exceed 2 million tons in 2011/12.

A few days ago, the American agricultural counsellor reported that Brazil's cotton planting area in 2011/12 was estimated to be 23 million 250 thousand mu, an increase of 15% over the same period last year, and the output of cotton was 2 million 177 thousand tons, an increase of 17% over the same period last year.

According to the report, Brazil

Cotton planting area

The obvious expansion is due to strong domestic demand, and

futures prices

Upsurge.

However, due to bad weather in 2010/11, cottonseed yield and quality both declined, so the new year's sowing may face a shortage of cottonseed supply.

The report predicts that Brazil's cotton export volume in 2011/12 is expected to grow by 86% to a record 893 thousand tons.

According to the industry sources in Brazil, as of now, the amount of cotton contracted in 2011/12 has reached nearly 400 thousand tons.

According to the latest forecast of the Ministry of agriculture of Brazil, the cotton planting area of Brazil was 19 million 500 thousand mu in 2010/11, and the output of cotton was 1 million 960 thousand tons, up 65% and 62% respectively over the same period.