Global cotton production to dip in 2012/13

Australia and the AFZ are forecast to export 4.5 million bales and 2.8 million bales, an increase of 7 percent and 24 percent, respectively, from a year earlier.  If realized, Australia’s share of world trade will rise to 12 percent, while AFZ’s share will be 7.4 percent.  Uzbekistan and the United States are expected to export 2.8 million bales and 12.1 million bales in 2012/13, up 10 percent and 4 percent, respectively, from the preceding year.

U.S. Department of Agriculture (USDA)