Commodities & currencyBusinessLine
USDA projects global cotton output to decline
Positive0
GreyOak summary
The USDA projects global cotton production for the 2026/27 season will fall by nearly 500,000 bales to 117.5 million. This decline is driven by smaller crops in India and the US, which outweighed gains in China and Australia. India's output was specifically cut by 500,000 bales due to unfavorable weather.
What it affects
- Agri commoditiesPositive 0
Global cotton output projected to decline.Rolling sentiment Neutral +10
