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India to be topmost global cotton producer in 2015/16 |
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2015-9-24
India will lead in production of cotton in 2015/16, says the latest US Department of Agriculture (USDA) estimates and will surpass China as the top producer this season.
While yields in India remain well below the world average, India is forecast to produce 29 million bales in 2015/16 or 27 per cent of the global cotton crop.
According to USDA, India's ascension to the world's leading-producer status largely results from having the most cotton area.
Harvested area in India is expected to account for nearly 38 per cent of the global total in 2015/16, and is more than three times that of either China or the United States.
India surpassed the United States in cotton production in 2006/07, and is poised to overtake China this season as area declines in China for the fourth consecutive season.
For 2015/16, USDA has projected global cotton production at 108.7 million bales, nearly 9 per cent below the previous season and the lowest since 2009/10.
Source:YNFX
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