The United States Department of Agriculture (USDA) has cut its cotton production estimates for India by 20 lakh bales to 325 lakh bales for the 2018-19 crop year. Earlier, it had estimated cotton output at 345 lakh bales (of 170 kg each).
The USDA have made this reduction in their latest estimate, which has been released on May 10, 2019 after extensive deliberations with the Cotton Association of India (CAI) and also after considering all aspects and the prevailing situation in India.
CAI’s April estimate for the 2018-19 season has placed the Indian cotton crop at 321 lakh bales. The cotton body has reduced its production estimate for 2018-19 crop year, beginning October 1, 2018, to 315 lakh bales, lower by 6 lakh bales, compared to its previous estimate of 321 lakh bales released last month.
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