Turkey. Cotton and Products Update. Cotton and Products Update

Size: px
Start display at page:

Download "Turkey. Cotton and Products Update. Cotton and Products Update"

Transcription

1 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Turkey Cotton and Products Update Date: GAIN Report Number: Cotton and Products Update Approved By: Jess Paulson, Agriculture Attaché Prepared By: Ibrahim Sirtioglu, Agriculture Marketing Specialist Report Highlights: The MY 2012 Turkish cotton crop is now projected at 400,000 hectares and 600,000 MT (2.7 million bales). High local temperatures, frequent electricity cuts and repeated insect attacks in the GAP region had adverse affects on yields. High domestic production in MY 2011 caused imports to decline to 465,000 MT (2.1million bales), down about thirty-two percent, during the first eleven months compared to a year ago. US exports were about 196,000 MT (0.9 million bales) during the same period. Availability of GSM-102 Credit Guarantee Program played an important role in U.S. exports to Turkey. Total registration reached US $156 million during FY 2012.

2 : Ankara Commodities: Cotton Production High temperatures and frequent electricity cuts of irrigation has adversely affected the local cotton crop in the Southeast Anatolian region. Additionally, unlike last year, some bug damage was also reported in the Southeastern region. Accordingly, MY 2012 area and production are now estimated at about 400,000 hectares and 600,000 MT. Available information on planting area and production for MY 2011 indicate higher planting and yield, therefore total production for the year is now estimated at 490,000 hectares and 750,000 MT (3.4 million bales). Consumption MY 2011 domestic cotton consumption is expected to be 1.23 MMT (5.6 million bales). Despite all the bleak economic developments around the world, Turkish textile and garment exporters managed to increase exports in both categories during MY 2011 until the month of June. Higher cotton prices and production costs in China helped Turkish textile exporters to compete against Chinese products in the international markets and prevented declines in textile exports. Experts indicate that economic problems in the main Turkish textile export market, the EU, and political problems in neighboring countries will eventually have an adverse affects on exports and the domestic economy. MY 2012 cotton consumption is now projected to remain about 1.2 MMT (5.5 million bales). The sudden price increases in March 2010 and following drops in the world cotton prices hurt Turkish mills and encouraged them to utilize their own stocks and the abundance of local cotton. This caused local gins and farmers to hold on to their stocks rather than sell to textile mills, creating pressure on local prices. Trade Turkey s imports of cotton During the first eleven months of MY 2011 Turkey imported 465,292MT (2.1 Million bales), which is a thirty-four percent decline compared to the same period last marketing year and is due to high local production. Although the US was the leading supplier with 195,889 MT (0.9 Million bales) its market share declined from the usual sixty percent to forty-two percent. Rapid fluctuations in the global cotton price during the last two seasons have caused millers to prefer small orders from domestic sources, or from sources near-by, such as Greece. Marketing year-end imports are expected to remain at about 520,000 MT (2.3 million bales) compared to 730,000 MT (3.3Mmillion bales) last year. Cotton imports are expected to increase in MY 2012 to about 620,000 MT (2.8 million bales) due to a projected decrease in domestic production. During MY 2011 USA, Greece and the CIS countries were the traditional suppliers, but Brazil, Argentina and Australia are emerging as new cotton suppliers for Turkey. GSM-102 credit guarantee program continues to play a critical role in US cotton sales to Turkey. During FY 2012 Turkish cotton importers registered US $156 million worth of US cotton under the

3 program, which represents about twenty-four percent of Turkey s total use of GSM-102 for the financial year. Turkish cotton exports during the same period were about 35,000 MT, up significantly compared to the last few years due to attractive local prices. 22,000 MT of this cotton went to the Mersin Free Trade Zone, which means that some of this cotton may be imported back in to the country. Turkey also exported about 27,000 MT of cotton for medical use in the same period. PSD Table Country: Turkey Commodity: Cotton (HECTARES)(MT) 2010 Revised Forecast Market Year Begin Area Planted 320, , , , , ,000 Area Harvested 320, , , , , ,000 Beginning Stocks 254, , , , , ,909 Production 460, , , , , ,000 Imports 729, , , , , ,000 MY Imp. from U.S. 476, , , , , ,000 TOTAL SUPPLY 1,443,496 1,443,496 1,404,909 1,484,909 1,449,909 1,439,909 Exports 8,587 8,587 35,000 35,000 30,000 30,000 USE Dom. Consumption 1,220,000 1,220,000 1,150,000 1,230,000 1,200,000 1,200,000 Loss Dom. Consumption TOTAL Dom. Consumption 1,220,000 1,220,000 1,150,000 1,230,000 1,200,000 1,200,000 Ending Stocks 214, , , , , ,909 TOTAL DISTRIBUTION 1,443,496 1,443,496 1,404,909 1,484,909 1,449,909 1,439,909 PSD Table (bales 1000)

4 Cotton Turkey 2010/ / / Area Planted 0 o Area Harvested Beginning Stocks 1,928 1,166 1, ,752 1,009 Production 2,110 2,111 3,250 3,443 2,750 2,755 Imports 3,350 3,348 2,300 2,387 3,000 2,845 MY Imports from U.S. 0 2, , ,700 Total Supply 7,388 6,625 7,272 6,815 7,502 6,609 Exports Use 5,600 5,600 5,300 5,646 5,600 5,508 Loss Total Dom. Cons. 5,520 5,600 5,220 5,646 5,520 5,508 Ending Stocks 1, ,752 1,009 1, Total Distribution 7,388 6,625 7,272 6,815 7,502 6,609 Stock to Use % Yield 1,436 1,436 1,474 1,530 1,497 1,500

5 Trade Matrix Turkey: Cotton (MT) /July MY 2010 MY 2011 U.S. 476, ,889 Greece 87,365 80,706 Turkmenistan 51,250 23,176 India 11,135 6,049 Uzbekistan 16,672 6,916 Syria 1,988 0 Brazil 27,851 72,889 Egypt 5,209 4,547 Argentina 6,186 10,661 Burkina Faso 3,610 0 Tajikistan 21,088 11,461 Australia 0 8,458 Mersin FTZ 0 5,585 Total of Others 232, ,448 Others not listed 20,149 38,955 Grand Total 729, ,292 Turkey: Cotton (Bales) /July MY 2010 MY 2011 U.S. 2,147, ,130 Greece 401, ,441 Turkmenistan 235, ,378 India 51,110 27,765 Uzbekistan 76,524 31,744 Syria 9,125 0 Brazil 127, ,561 Egypt 23,909 20,871 Argentina 28,394 48,934 Burkina Faso 16,570 0 Tajikistan 96,794 52,606 Australia 0 38,822 Mersin FTZ 0 25,635 Total of Others 1,066,505 1,057,757 Others not listed 92, ,803 Grand Total 3,348,074 2,135,690

Indonesia Cotton and Products Annual Report 2014

Indonesia Cotton and Products Annual Report 2014 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 3/29/2011

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

INTERNATIONAL CENTER FOR AGRICULTURAL COMPETITIVENESS Policy Modeling Group

INTERNATIONAL CENTER FOR AGRICULTURAL COMPETITIVENESS Policy Modeling Group INTERNATIONAL CENTER FOR AGRICULTURAL COMPETITIVENESS Policy Modeling Group Darren Hudson, Director Jaime Malaga, Associate Director Bing Liu, Research Scientist GLOBAL COTTON OUTLOOK 216/17 226/27 International

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

THE WORLD COTTON MARKET SITUATION

THE WORLD COTTON MARKET SITUATION THE WORLD COTTON MARKET SITUATION Prepared by Carlos Valderrama and presented by M. Rafiq Chaudhry International Cotton Advisory Committee Washington, DC Southern/Eastern African Cotton Forum Pretoria,

More information

Improved Price Signals to Encourage an Area Increase Next Year

Improved Price Signals to Encourage an Area Increase Next Year THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 4/6/2017

More information

Tomatoes and Products Annual Report 2004

Tomatoes and Products Annual Report 2004 GAIN Report Global Agriculture Information Network Template Version 2.09 Required Report - public distribution TU4019 Turkey Date: 5/28/2004 GAIN Report Number: TU4019 Tomatoes and Products Annual Report

More information

Factors Affecting Global Agricultural Markets. Fred Giles Director, Agricultural Trade Office USDA / SP

Factors Affecting Global Agricultural Markets. Fred Giles Director, Agricultural Trade Office USDA / SP Factors Affecting Global Agricultural Markets Fred Giles Director, Agricultural Trade Office USDA / SP Factors Impacting Global Agricultural Markets Commodity Prices Energy Prices Value of the U.S. Dollar

More information

Vietnam Cotton and Products Update

Vietnam Cotton and Products Update THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Vietnam Cotton

More information

INTERNATIONAL CENTER FOR AGRICULTURAL COMPETITIVENESS Policy Modeling Group

INTERNATIONAL CENTER FOR AGRICULTURAL COMPETITIVENESS Policy Modeling Group INTERNATIONAL CENTER FOR AGRICULTURAL COMPETITIVENESS Policy Modeling Group Darren Hudson, Director Jaime Malaga, Associate Director Bing Liu, Post-Doctorate Research Associate Samantha Yates, Publication

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Turkey Oilseeds and

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Brazil Post: Brasilia

More information

December 12, USDA World Supply and Demand Estimates

December 12, USDA World Supply and Demand Estimates December 12, 2017 - USDA World Supply and Demand Estimates Corn Market Reaction: March 2018 corn futures closed down 1 ¼ cents at $3.47 ¾ with a trading range for the day of $3.47 ½ to $3.53. December

More information

U.S Department of Agriculture. Agricultural Outlook Forum February 22 & 23, 2001 NEW DEVELOPMENTS IN FOREIGN COTTON PRODUCTION AND CONSUMPTION

U.S Department of Agriculture. Agricultural Outlook Forum February 22 & 23, 2001 NEW DEVELOPMENTS IN FOREIGN COTTON PRODUCTION AND CONSUMPTION U.S Department of Agriculture Agricultural Outlook Forum 2001 February 22 & 23, 2001 NEW DEVELOPMENTS IN FOREIGN COTTON PRODUCTION AND CONSUMPTION Terry Townsend Executive Director International Cotton

More information

August 10, USDA World Supply and Demand Estimates

August 10, USDA World Supply and Demand Estimates August 10, 2017 - USDA World Supply and Demand Estimates Corn Market Reaction: September 2017 corn futures closed down 15 cents at $3.57 ¼ with a trading range for the day of $3.56 ½ to $3.75 ½. December

More information

May 10, USDA World Supply and Demand Estimates

May 10, USDA World Supply and Demand Estimates May 10, 2018 - USDA World Supply and Demand Estimates Corn Market Reaction: July 2018 corn futures closed down ¾ cent at $4.02 with a trading range for the day of $4.00 to $4.07. December 2018 corn futures

More information

Cotton: World Markets and Trade

Cotton: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Cotton: World Markets and Trade May Global Consumption Rises Above Production, Fall USDA s initial forecast for / shows world consumption

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 4/1/2015

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

January 12, USDA World Supply and Demand Estimates

January 12, USDA World Supply and Demand Estimates January 12, 2017 - USDA World Supply and Demand Estimates Corn This month s U.S. corn outlook is for lower production, reduced feed and residual use, increased corn used to produce ethanol, and smaller

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

PRODUCTION AND TRADE POLICIES AFFECTING THE COTTON INDUSTRY

PRODUCTION AND TRADE POLICIES AFFECTING THE COTTON INDUSTRY Discover Natural Fibres Initiative INTERNATIONAL COTTON ADVISORY COMMITTEE PRODUCTION AND TRADE POLICIES AFFECTING THE COTTON INDUSTRY October 2012 PRODUCTION AND TRADE POLICIES AFFECTING THE COTTON INDUSTRY

More information

WORLD COTTON OUTLOOK * Terry Townsend Statistician

WORLD COTTON OUTLOOK * Terry Townsend Statistician INTERNATIONAL COTTON ADVISORY COMMITTEE 1629 K Street NW, Suite 72, Washington, DC 26 USA Telephone (22) 463-666 Telex 48272789 Fax (22) 463-695 e-mail secretariat@icac.org WORLD COTTON OUTLOOK * Terry

More information

CICCA Update by Member Associations

CICCA Update by Member Associations CICCA Update by Member Associations Issue 8 9 March 2017 Welcome to this Update, keeping you informed of the new developments at the Member Associations. This publication comes as a result of a decision

More information

10. COTTON. Chapter 10. Cotton

10. COTTON. Chapter 10. Cotton 1. COTTON Chapter 1. Cotton This chapter describes the market situation and highlights the latest set of quantitative medium-term projections for world and national cotton markets for the ten-year period

More information

Fresh Peaches and Cherries: World Markets and Trade

Fresh Peaches and Cherries: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Fresh Peaches and Cherries: World Markets and Trade Fresh Peach/Nectarine: 2014/15 Highlights Global production in 2014/15 of peaches/nectarines

More information

Direction and Competitiveness of Cotton Export under WTO Regime

Direction and Competitiveness of Cotton Export under WTO Regime International Journal of Current Microbiology and Applied Sciences ISSN: 2319-7706 Volume 7 Number 01 (2018) Journal homepage: http://www.ijcmas.com Original Research Article https://doi.org/10.20546/ijcmas.2018.701.102

More information

June 9, USDA World Supply and Demand Estimates

June 9, USDA World Supply and Demand Estimates June 9, 2017 - USDA World Supply and Demand Estimates Corn Market Reaction: July 2017 corn futures closed up 2 cents at $3.87 ¾ with a trading range for the day of $3.80 ¾ to $3.89 ½. December 2017 corn

More information

June 12, USDA World Supply and Demand Estimates

June 12, USDA World Supply and Demand Estimates June 12, 2018 - USDA World Supply and Demand Estimates Corn Market Reaction: July 2018 corn futures closed up 10 ¼ cents at $3.77 ½ with a trading range for the day of $3.67 ¼ to $3.79 ½. December 2018

More information

Zimbabwe. Grain and Feed Annual

Zimbabwe. Grain and Feed Annual THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 7/13/2012 GAIN Report Number:

More information

Fresh Deciduous Fruit: World Markets and Trade (Apples, Grapes, & Pears)

Fresh Deciduous Fruit: World Markets and Trade (Apples, Grapes, & Pears) United States Department of Agriculture Foreign Agricultural Service December 2017 Fresh Deciduous Fruit: World Markets and Trade (Apples, Grapes, & Pears) FRESH APPLES World production for 2017/18 is

More information

Challenges and Issues in the African Cotton Sector

Challenges and Issues in the African Cotton Sector Challenges and Issues in the African Cotton Sector 1 COTTON IN AFRICA 2 THE IMPORTANCE OF COTTON IN AFRICA A vital cash crop for millions of Africans (about 3.5 million cotton farms in 35 countries out

More information

January 12, USDA World Supply and Demand Estimates

January 12, USDA World Supply and Demand Estimates January 12, 2018 - USDA World Supply and Demand Estimates Corn Market Reaction: March 2018 corn futures closed down 2 ½ cents at $3.46 ¼ with a trading range for the day of $3.45 ½ to $3.50. December 2018

More information

Friday Aug 10, 2012 World Ag Supply & Demand Report

Friday Aug 10, 2012 World Ag Supply & Demand Report Friday Aug 10, 2012 World Ag Supply & Demand Report U.S. 2011/12 Old Crop Corn is Supportive Global Old Crop Corn is Slightly Bearish USDA estimates the 2011/12 U.S. corn carryout at 1,021 million bushels,

More information

Cotton Outlook February 2018

Cotton Outlook February 2018 Cotton Outlook February 2018 Cotton is an important commercial crop of India and plays a key role in the national economy. China, India, USA, Pakistan, Brazil, Uzbekistan, Australia, Turkey, Turkmenistan

More information

The report covers supply and demand trends for sugar in South Africa

The report covers supply and demand trends for sugar in South Africa THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

The World Cotton Situation * Terry Townsend, Executive Director Armelle Gruere, Statistician. Projections to 2020

The World Cotton Situation * Terry Townsend, Executive Director Armelle Gruere, Statistician. Projections to 2020 INTERNATIONAL COTTON ADVISORY COMMITTEE 1629 K Street NW, Suite 72, Washington, DC 26 USA Telephone (22) 463-666 Fax (22) 463-695 e-mail secretariat@icac.org The World Cotton Situation * Terry Townsend,

More information

September 12, USDA World Supply and Demand Estimates

September 12, USDA World Supply and Demand Estimates September 12, 2018 - USDA World Supply and Demand Estimates Corn Market Reaction: December 2018 corn futures closed down 14 ¼ cents at $3.52 ½ with a trading range for the day of $3.50 ¾ to $3.66 ¼. December

More information

Vietnam. Cotton and Products Annual

Vietnam. Cotton and Products Annual THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

Vietnam. Grain and Feed Update. October 2012

Vietnam. Grain and Feed Update. October 2012 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Vietnam Grain and

More information

Update on Cotton: Prices, Responsible Sourcing, and Resources for Your Business

Update on Cotton: Prices, Responsible Sourcing, and Resources for Your Business Update on Cotton: Prices, Responsible Sourcing, and Resources for Your Business Hosted by United States Fashion Industry Association (USFIA) & Cotton Incorporated August 30, 2016 2:00 P.M. Eastern/11:00

More information

Brazil Faces Tight Grains Stocks and Higher Prices

Brazil Faces Tight Grains Stocks and Higher Prices THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Brazil Grain and

More information

Cotton: World Markets and Trade

Cotton: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FOP - December Cotton: World Markets and Trade Unprecedented Daily Price Volatility Rules the Market Now Daily NY Nearby

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

COST AND PROFIT ANALYSIS IN COTTON PRODUCTION IN ŞANLIURFA PROVINCE, TURKEY

COST AND PROFIT ANALYSIS IN COTTON PRODUCTION IN ŞANLIURFA PROVINCE, TURKEY COST AND PROFIT ANALYSIS IN COTTON PRODUCTION IN ŞANLIURFA PROVINCE, TURKEY Bahri KARLI 1, Fidan Merve KART 1, Mevlut GUL 1, Metin Göksel AKPINAR 2 1 Suleyman Demirel University, Engineering Faculty, Food

More information

2014/15 Soybean Forecast Up: Four Percent Growth

2014/15 Soybean Forecast Up: Four Percent Growth THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

U.S. Agricultural Trade: Trends, Composition, Direction, and Policy

U.S. Agricultural Trade: Trends, Composition, Direction, and Policy U.S. Agricultural Trade: Trends, Composition, Direction, and Policy Charles E. Hanrahan Senior Specialist in Agricultural Policy Carol Canada Information Research Specialist Beverly A. Banks Acquisitions

More information

Improvement in global production and a gradual recovery in ending stocks over the past three years have allowed the global wheat market to balance at

Improvement in global production and a gradual recovery in ending stocks over the past three years have allowed the global wheat market to balance at Wheat Improvement in global production and a gradual recovery in ending stocks over the past three years have allowed the global wheat market to balance at much lower prices than in the 2007/08 to 2012/13

More information

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing June 11, 2014

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing June 11, 2014 World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts Lockup Briefing World Wheat Production Country or Region 2014/15 Million Tons World 714.0 701.6 0.7-1.7 United States

More information

Overall outlook of the raw tobacco, olive oil and cotton common market organisations (CMOs)

Overall outlook of the raw tobacco, olive oil and cotton common market organisations (CMOs) MEMO/03/182 Brussels, 23 September 2003 Overall outlook of the raw tobacco, olive oil and cotton common market organisations (CMOs) How do the three CMOs work? Raw Tobacco The 1992 reform of the raw tobacco

More information

The Global Supply Chain Manager

The Global Supply Chain Manager The Global Supply Chain Manager Olam is a leading, integrated global supply chain manager of agri-commodities. We operate in over 60 countries, delivering 20 products to more than 10,500 customers worldwide.

More information

United States Department of Agriculture Cotton Outlook Friday, February 24,

United States Department of Agriculture Cotton Outlook Friday, February 24, United States Department of Agriculture Cotton Outlook Friday, February 24, 2017 www.usda.gov/oce/forum Agricultural Outlook Forum 2017 Presented Friday, February 24, 2017 THE WORLD AND UNITED STATES COTTON

More information

Market Outlook. David Reinbott.

Market Outlook. David Reinbott. Market Outlook David Reinbott Agriculture Business Specialist P.O. Box 187 Benton, MO 63736 (573) 545-3516 http://extension.missouri.edu/scott/agriculture.aspx reinbottd@missouri.edu Trending Issues China,

More information

Cotton has an important role in the Turkish

Cotton has an important role in the Turkish The Journal of Cotton Science 20:46 55 (2016) http://journal.cotton.org, The Cotton Foundation 2016 46 ECONOMICS AND MARKETING Effect of the Southeastern Anatolia Project (GAP) on Cotton Markets of Turkey

More information

Raisins: World Markets and Trade

Raisins: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Raisins: World Markets and Trade Global Raisin Production Up Marginally Global raisin production for 2014/15 is forecast at a record

More information

BLACK SEA OUTLOOK IAOM 2012 Abu Dhabi. Swithun Still

BLACK SEA OUTLOOK IAOM 2012 Abu Dhabi. Swithun Still BLACK SEA OUTLOOK IAOM 2012 Abu Dhabi Swithun Still 2 KEY QUESTIONS Black Sea Wheat 2012-2013 1. Due to the drought last summer Exports are sharply reduced for the second half of this season. How much

More information

World Agricultural Supply and Demand Estimates

World Agricultural Supply and Demand Estimates World Agricultural Supply and Demand Estimates Report of Interagency Commodity Estimates Committee Forecasts World Agricultural Outlook Board, Chairing Agency Economic Research Service Foreign Agricultural

More information

World Wheat Market Supply Demand Trends

World Wheat Market Supply Demand Trends World Wheat Market Supply Demand Trends Daniel O Brien Extension Agricultural Economist K State Research and Extension April 28, 21 The World wheat market is segmented into groups of countries with diverse

More information

Area Planted for 2014/15 Cotton Forecast to Drop as Current Prices Reduce Incentives

Area Planted for 2014/15 Cotton Forecast to Drop as Current Prices Reduce Incentives THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Brazil : Brasilia Cotton

More information

Sugar: World Markets and Trade

Sugar: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Sugar: World Markets and Trade May 218 Elevated in 218/19 Keeps Stocks High, Pressuring Prices Ending Stocks 2 18 16 14 12 1 8 6 4 Other

More information

Commodity Profile for Cotton- May, 2016

Commodity Profile for Cotton- May, 2016 (As on 13.05.2016) Commodity Profile for Cotton- May, 2016 Contents 1. Cotton Estimates for India... 2 2. Cotton Estimates for World... 2 3. Domestic Production... 3 4. Global Production... 3 5. Major

More information

Global Agricultural Supply and Demand: Factors contributing to recent increases in food commodity prices

Global Agricultural Supply and Demand: Factors contributing to recent increases in food commodity prices Global Agricultural Supply and Demand: Factors contributing to recent increases in food commodity prices Ron Trostle Economic Research Service U.S. Department of Agriculture Agricultural Markets and Food

More information

Peru. Grain and Feed Annual. Annual

Peru. Grain and Feed Annual. Annual Formatted: Left: 0.75", Right: 0.75" THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 14/2/2012

More information

Low prices last year induced a decline in global wheat area, and as a result production increased less than 1%, helping to support an expected price i

Low prices last year induced a decline in global wheat area, and as a result production increased less than 1%, helping to support an expected price i Wheat Low prices last year induced a decline in global wheat area, and as a result production increased less than 1%, helping to support an expected price increase in 2017/18. It is expected that prices

More information

Cotton Update. Hosted by United States Fashion Industry Association (USFIA) and Cotton Incorporated

Cotton Update. Hosted by United States Fashion Industry Association (USFIA) and Cotton Incorporated Cotton Update Hosted by United States Fashion Industry Association (USFIA) and Cotton Incorporated September 27, 2018 2:00 P.M. Eastern/11:00 A.M. Pacific At any time during the presentation, you may enter

More information

OECD FAO Agricultural Outlook

OECD FAO Agricultural Outlook OECD FAO Agricultural Outlook 2018 2027 ca 10. COTTON Chapter 10. Cotton This chapter describes the market situation and highlights the latest set of quantitative medium-term projections for world and

More information

May 12, Dear Subscriber: We will be adding material to this shell letter after todays reports are released at 11:00 a.m.

May 12, Dear Subscriber: We will be adding material to this shell letter after todays reports are released at 11:00 a.m. May 12, 2015 Dear Subscriber: We will be adding material to this shell letter after todays reports are released at 11:00 a.m. Be sure to click back on the link often for the latest information. Whle today

More information

U.S. Rice Market Faces Tighter Supplies and Higher Prices in 2017/18

U.S. Rice Market Faces Tighter Supplies and Higher Prices in 2017/18 U.S. Rice Market Faces Tighter Supplies and Higher Prices in 217/18 University of Arkansas Webinar Series October 26, 217 Nathan Childs Economic Research Service USDA Approved by the World Agricultural

More information

TEXTILE SECTOR AN OVERVIEW

TEXTILE SECTOR AN OVERVIEW TEXTILE SECTOR AN OVERVIEW October 2017 Textile Value Chain Home Textile Cotton Ginning Spinning Weaving Processing & Finishing Garments Cotton Dynamics World Production India China United States Pakistan

More information

Fresh Deciduous Fruit: World Markets and Trade (Apples, Grapes, & Pears)

Fresh Deciduous Fruit: World Markets and Trade (Apples, Grapes, & Pears) United States Department of Agriculture Foreign Agricultural Service June 2016 Fresh Deciduous Fruit: World Markets and Trade (Apples, Grapes, & Pears) FRESH APPLES World apple production in marketing

More information

Dissecting the cotton value chain: Part 1 The farm level

Dissecting the cotton value chain: Part 1 The farm level Vol 24, No 1, page 45 February-March, 2003 The Australian Cottongrower Dissecting the cotton value chain: Part 1 The farm level By Gillian Turco, Rabobank Are cotton farmers a part of an agricultural production

More information

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing July 11, 2014

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing July 11, 2014 World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts Lockup Briefing World Wheat Production Country or Region estimate 2014/15 forecast June 11 Million Tons Percent Percent

More information

Performance Evaluation of Indian Textile Industry

Performance Evaluation of Indian Textile Industry International Journal for Management Research (Vol.1.No.3, October 2011, pp. 84 91) Performance Evaluation of Indian Textile Industry Vanishree Abstract: The Indian Textile Industry plays an extremely

More information

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing April 9, 2014

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing April 9, 2014 World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts Lockup Briefing World Wheat Production Country or Region Million Tons World 656.5 712.5 8.5 United States 61.7 58.0-6.0

More information

Zimbabwe ANNUAL REPORT

Zimbabwe ANNUAL REPORT THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 9/15/ GAIN Report Number: : Pretoria

More information

Agricultural Outlook Forum 99 For Release: Tuesday, February 23, 1999 USDA PERSPECTIVE ON THE OUTLOOK FOR COTTON

Agricultural Outlook Forum 99 For Release: Tuesday, February 23, 1999 USDA PERSPECTIVE ON THE OUTLOOK FOR COTTON Agricultural Outlook Forum 99 For Release: Tuesday, February 23, 1999 USDA PERSPECTIVE ON THE OUTLOOK FOR COTTON Pete Burr, Stephen MacDonald, Leslie Meyer, and Carol Skelly Agricultural Economists, USDA

More information

Total Net Exports 97, , , , , , , , , , ,001

Total Net Exports 97, , , , , , , , , , ,001 Wheat Trade Net Exporters Argentina 2,495 7,623 8,013 8,368 8,651 8,813 8,828 8,866 9,026 9,218 9,539 Australia 14,925 16,281 16,750 16,816 17,382 17,549 17,671 17,743 17,952 18,157 18,384 Canada 18,100

More information

Rice price relationships are becoming distorted again this year. The relatively thin rice market compared to other agricultural commodities and concen

Rice price relationships are becoming distorted again this year. The relatively thin rice market compared to other agricultural commodities and concen Rice Rice price relationships are becoming distorted again this year. The relatively thin rice market compared to other agricultural commodities and concentration of trade in Asia are factors that are

More information

Sri Lanka. Grain and Feed Annual

Sri Lanka. Grain and Feed Annual THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report Number:

More information

World Wheat Supply and Demand. Crop Quality Seminars 2013 Ian Flagg

World Wheat Supply and Demand. Crop Quality Seminars 2013 Ian Flagg World Wheat Supply and Demand Crop Quality Seminars 2013 Ian Flagg Beginning Stocks 250 200 Exporter beginning stocks down 35% from 5-year average 199 199 174 150 125 100 83 122 50 0 27 14 14 32 48 38

More information

World Agricultural Supply And Demand Estimates

World Agricultural Supply And Demand Estimates United States Department of Agriculture Office of the Chief Economist World Agricultural Supply And Demand Estimates Agricultural Marketing Service Economic Research Service Farm Service Agency Foreign

More information

Feed Grains Outlook: Shifting Trade Patterns and Implications for the US Acreage Mix. May 23, 2018

Feed Grains Outlook: Shifting Trade Patterns and Implications for the US Acreage Mix. May 23, 2018 Feed Grains Outlook: Shifting Trade Patterns and Implications for the US Acreage Mix May 23, 2018 The Growth of Chinese Imports May Reshape World Trade in Corn Brazil s Safrinha Crop Could Play a Key Role

More information

Cotton Pricing Guide. Julia Marsh and David Kenyon

Cotton Pricing Guide. Julia Marsh and David Kenyon Cotton Pricing Guide Julia Marsh and David Kenyon Other 32% Texas 5% U.S. (Except Texas) 15% Brazil 4% Turkey 4% China 23% Pakistan 9% India 1% Former Sovet Union 7% Julia Marsh was Undergraduate Student

More information

Talent Requirements for the Agricultural Industry: The Olam Perspective. IAMA - Budapest

Talent Requirements for the Agricultural Industry: The Olam Perspective. IAMA - Budapest Talent Requirements for the Agricultural Industry: The Olam Perspective 1 IAMA - Budapest 1 Olam History 1989 Start-Up 1 product 1 country 1 end Market 4 customers 2 employees S$0.15m Book Value S$0.15m

More information

March 2018 USDA SUPPLY/DEMAND ESTIMATES. Overview

March 2018 USDA SUPPLY/DEMAND ESTIMATES. Overview March 2018 USDA SUPPLY/DEMAND ESTIMATES Overview Corn: This month s 2017/18 U.S. corn outlook is for larger exports and increased corn used to produce ethanol. Corn used to produce ethanol was raised 50

More information

2/19/2014. Bunge North America. Highlights of the Past 12 Months. US Weather

2/19/2014. Bunge North America. Highlights of the Past 12 Months. US Weather Bunge North America Flat Price Risk Virginia State Feed Association Conference And Nutritional Management Cow College February 2014 Foreign Currency Commercials/Funds (Boards of Trade) Freight Weather

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 2/27/2013 GAIN Report Number:

More information

Agricultural Outlook Forum 2003 Presented: Friday, February 21, 2003 THE UNITED STATES AND WORLD COTTON OUTLOOK

Agricultural Outlook Forum 2003 Presented: Friday, February 21, 2003 THE UNITED STATES AND WORLD COTTON OUTLOOK Agricultural Outlook Forum 23 Presented: Friday, February 21, 23 THE UNITED STATES AND WORLD COTTON OUTLOOK Stephen MacDonald, James Johnson, Leslie Meyer, and Carol Skelly U.S. Department of Agriculture

More information

Potential Forecasted Economic Impact of Commercializing Agrisure Duracade 5307 in U.S. Corn Prior to Chinese Import Approval

Potential Forecasted Economic Impact of Commercializing Agrisure Duracade 5307 in U.S. Corn Prior to Chinese Import Approval Potential Forecasted Economic Impact of Commercializing Agrisure Duracade 5307 in U.S. Corn Prior to Chinese Import Approval Author: Max Fisher, Director of Economics and Government Relations National

More information

The Impact of India s Cotton Yield on U.S. and World Cotton Markets

The Impact of India s Cotton Yield on U.S. and World Cotton Markets The Impact of India s Cotton Yield on U.S. and World Cotton Markets Suwen Pan, Mark Welch, Samarendu Mohanty, and Mohamadou Fadiga * Briefing Paper CERI-BP06-03 November 2006 Cotton Economics Research

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 8/7/2012 GAIN Report Number:

More information

Summary of WASDE and Production USDA

Summary of WASDE and Production USDA Summary of WASDE and Production USDA The following information are summary and extracts from the latest, AUG 2016, WASDE and World Agricultural Production reports provided by the United States Department

More information

Grain: World Markets and Trade

Grain: World Markets and Trade MMT 1, 975 95 925 9 875 85 825 8 Department of Agriculture Foreign Agricultural Service Grain: World Markets and Trade Near-Record Grain Supplies Support Growing Global Consumption Global Corn Production

More information

Chile. Dairy and Products Annual. Whole and Non Fat Dry Milk Report

Chile. Dairy and Products Annual. Whole and Non Fat Dry Milk Report THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

- SOUTH AFRICA - ECONOMIC INJURY DUE TO LOW COTTON PRICES

- SOUTH AFRICA - ECONOMIC INJURY DUE TO LOW COTTON PRICES Vereniging ingelyf kragtens Artikel 21 / Association incorporated under Section 21 - SOUTH AFRICA - ECONOMIC INJURY DUE TO LOW COTTON PRICES SUMMARY Estimates for the 2002/03 marketing season (1 April

More information

Lower Long Run Average Cotton Prices * Terry Townsend Executive Director

Lower Long Run Average Cotton Prices * Terry Townsend Executive Director INTERNATIONAL COTTON ADVISORY COMMITTEE 169 K Street NW, Suite 7, Washington, DC 6 USA Telephone () 463-666 Fax () 463-695 e-mail secretariat@icac.org Lower Long Run Average Cotton Prices * Terry Townsend

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information