COTTON AND WOOL OUTLOOK April 11, 2001 April 2001, ERS-CWS-0301 Approved by the World Agricultural Outlook Board -------------------------------------------------------------------------- COTTON AND WOOL OUTLOOK is issued electronically monthly by the Economic Research Service, U.S. Department of Agriculture, Washington, DC 20036- 5831. Electronic release only; no printed copies available. -------------------------------------------------------------------------- Summary: April 2001 U.S. cotton area for 2001 is expected to expand only slightly, according to the United States Department of Agricultures (USDA) Prospective Plantings survey released at the end of March. However, with normal abandonment and average yields, production would be expected to rise next season. The first official supply and demand estimates report for the 2001/02 season will be released on May 10. The 2000/01 U.S. cotton supply remains estimated at 21.2 million bales, slightly higher than last season, as a production gain accounted for the increase. Total U.S. cotton demand is currently estimated at 16.2 million bales--domestic mill use at 9.3 million and exports at 6.9 million--5 percent below 1999/2000. As a result, 2000/01 ending stocks are projected to rise significantly to 5 million bales. Foreign 2000/01 cotton production is forecast at 70.3 million bales, 620,000 bales below last month but still slightly above last season. Foreign consumption, at 82.4 million bales, is marginally higher in April and 1 percent larger than 1999/2000. Imports are forecast at 27.1 million bales for 2000/01, 225,000 bales higher than they were last month but still 4 percent below last season. Foreign ending stocks are forecast 355,000 bales lower this month, at 32.5 million, 12 percent below 1999/2000. U.S. Acreage: Cotton Area Projected Higher in 2001 Farmers intend to plant 15.6 million acres of cotton in 2001 (up slightly), according to USDAs Prospective Plantings report released on March 30. Upland plantings are expected to reach 15.4 million acres, similar to 2000, while extra-long staple (ELS) area is projected to rise 28 percent to 220,000 acres. Although December 2001 cotton futures prices during January-March 2001 declined about 15 cents (20 percent), competing crop prices for corn (September futures) and soybeans (November futures) were lower as well. Cotton prices during the first 3 months averaged about 58 cents per pound, 3 cents below a year earlier. However, the relative price ratios still favor cotton. During January- March 2001, the corn:cotton ratio averaged 4.1, compared with 4.0 a year ago, while the soybean: cotton ratio averaged 8.1, compared with 8.7 in 2000. The continued attraction of cotton in 2001--despite the significant drop in prices this spring--is attributable to several factors. These include the lack of profitable alternatives, high energy and fertilizer costs limiting corn acreage, the appeal of the cotton insurance program, and the benefits of the marketing loan program. These factors have combined to keep area in cotton production even though ending stocks for the 2000/01 marketing year are projected to climb to 5 million bales, the highest since the 1988 season. According to the Prospective Plantings report, gains in the eastern half of the Cottonbelt in 2001 are expected to be offset by declines in the western half. The Delta region is expected to expand 10 percent to nearly 4.4 million acres, the highest since 1995. Area in the Southeast is also projected to increase to 3.7 million acres, 4 percent above last season and the highest planted area since 1954. In the Southwest, upland area is projected to decrease 6 percent to 6.3 million acres, the smallest area in 3 years. Meanwhile, the West is expected to fall 11 percent to 1 million acres, as some of this decline is likely to be planted to ELS cotton. The gains expected in total ELS area in 2001 are essentially in California, as a relative price advantage over upland cotton has developed this spring. While cotton planting is underway in only a handful of States, plantings seem to be progressing near the historical average pace. As of April 8, California, Arizona, and Texas lead the way with cotton plantings at 25 percent complete, 24 percent, and 11 percent, respectively. Several other States have 1 percent planted at this point. Overall, as of April 8, U.S. cotton plantings were 7 percent complete, equal to last season and just ahead of the 5-year average. U.S. Demand: 2000/01 U.S. Cotton Demand Lowered Total demand for U.S. cotton was reduced in April to 16.2 million bales, about 5 percent below last season. The reduction came in domestic demand, as the mill use estimate was reduced 200,000 bales to 9.3 million, while no adjustment was made to the export forecast this month. U.S. mill use is forecast 9 percent below 1999/2000 as sluggish demand associated with the slowdown in the U.S. economy and the continued pressure from cotton textile and apparel imports is expected to keep mill demand at its lowest since the 1990 marketing year. During the first 7 months of the season, reports from the Department of Commerce indicate that mills used 5.4 million bales, 7 percent below the 5.9 million consumed a year earlier. The seasonally adjusted annual rate for this period has averaged about 9.4 million bales and will need to average about 9.2 million for the last 5 months. Exports, on the other hand, remain estimated at 6.9 million bales, 2 percent better than a year ago. In addition to the success of foreign mill demand for the second consecutive season, U.S. cotton has become more competitive this season, a combination that bodes well for moving U.S. cotton to foreign markets. According to USDAs Export Sales reports, U.S. cotton shipments approached 4 million statistical bales by the end of March, with an additional 3 million in outstanding sales. As a result, shipments for the remainder of the season need to average about 170,000 bales per week. Based on the current supply and demand estimates, U.S. ending stocks are projected to rise 1 million bales this season. While the first official USDA cotton supply and demand estimates for 2001/02 will not be released until next month, the projected beginning stocks, along with expectations of a larger crop, will provide the United States with ample opportunity to supply any improvements in worldwide cotton demand next season. Foreign Production: 2000/01 Output Cut in Asia and Africa Lower cotton production estimates for Argentina (225,000 bales), India (200,000), Turkey (200,000), Turkmenistan (75,000), Benin, Mali, and Cote dIvoire (100,000 bales lower for Franc Zone overall), more than offset improved prospects in Brazil. Revised estimates of cotton planting in Brazils Mato Grosso resulted in a 200,000-bale increase in USDAs 2000/01 production forecast for Brazil, up to 3.9 million bales, Brazils second largest crop ever. Argentinas crop estimate is lower in the wake of sharply reduced estimates of planted area there this year by Argentinas Agriculture Secretariat. Since late December, the Secretariat has increased its estimate of planted soybean area (425,000 hectares higher) and corn area (62,000 hectares higher), and cut its estimates of area planted to sunseed, cotton, and sorghum (down 480,000 hectares, 111,000 hectares, and 76,000 hectares, respectively). With planted area reduced from 526,000 hectares to 415,000, and assuming abandonment and yields similar to recent experience, a crop of 700,000 bales now seems likely for 2000/01. This is 225,000 bales smaller than USDA forecast in March. Area and production in 2000/01 are still forecast higher than the year before, but well below the levels achieved 2 years ago. Indias 2000/01 crop is now forecast to reach 11.3 million bales, about 900,000 bales lower than its output during the previous year. Arrivals data through March 24 indicate that year-to-date arrivals are 3.4-percent lower than at the same time last year. Through December 24, arrivals were 24 percent higher than last year, but, during the 3 subsequent 30 day periods, arrivals undershot comparable year-earlier volumes by 21 percent, 32 percent, and 18 percent, respectively. If arrivals for the rest of the year (March 24-July 31) are 25 percent below 1999/2000 arrivals for the same period, then Indias crop will total 11.3 million bales. This is likely given that arrivals after March 24 largely occur in Southern India, where production appears to be above last years. The 3.4-percent decline in Indias total arrivals through March 24 reflects both lower crops in Gujurat and Maharastra (arrivals 10 percent and 48 percent lower, respectively) and possibly larger crops in Southern states like Andhra Pradesh and Karnataka. Southern arrivals surpassed year- earlier totals by 32 percent through March 24, suggesting that the regions arrivals during the rest of 2000/01 will be large enough to sustain sufficient national total arrivals to achieve an 11.3-million-bale crop. Production was also estimated lower in Turkey due to information provided from Foreign Agricultural Service (FAS) personnel traveling there, lower in Paraguay and Zimbabwe due to deterioration in the weather, and lower in Turkmenistan as ginning output data suggest a 2000/01 crop below 900,000 bales. Foreign Consumption: Indonesian Consumption Gain Offsets Turkey and India Foreign cotton consumption in 2000/01 is estimated at 82.4 million bales, slightly higher than Marchs estimate despite reductions in Turkey (200,000 bales), India (100,000 bales), Argentina (50,000 bales), and Zimbabwe (25,000 bales). Indonesias consumption is estimated 400,000 bales higher than it was during March following FAS confirmation that surprisingly large year-to-date imports by Indonesia are not likely to be offset by large declines later in the year. Despite concern about global economic activity and some disruptions in Indonesia, a surge in cotton imports suggests Indonesias consumption could approach 2.5 million bales in 2000/01, 450,000 bales higher than the estimated consumption in 1999/2000, and several hundred thousand bales higher than 1998/99s record consumption of 2.2 million bales. Turkeys 2000/01 consumption is estimated at 5.0 million bales, down 200,000 bales from Marchs estimate as financial conditions there remain unsettled. Expectations for Turkeys 2001 GDP have fallen from a positive 4-percent growth to negative 2 percent, and press reports from Turkey indicate that 140,000 workers were laid off in the textile industry. Indias consumption in 2000/01 is estimated 100,000 bales lower than in March, as textile and garment exports from India flag. In February, Argentinas National Institute of Statistics and Census (INDEC) report indicated cotton yarn output was down 3.9 percent from a year earlier, and in March the Economy Ministry said the textile industry showed a decrease in activity compared with the year before. With continued difficulty competing with Brazilian imports, reduced domestic demand due to a flagging economy, and a smaller than previously expected crop, Argentinas cotton consumption is estimated at 400,000 bales, down 50,000 bales from Marchs 2000/01 estimate, and the same as in 1999/2000. U.S. Textile Trade: Imports Rise, Exports Fall in January January 2001 textile imports, at 1.1 billion pounds (raw-fiber equivalent), were up 20 percent from December and 15 percent above a year earlier. Overall, imports increased in all major fibers, except linen, and all major end-use categories from a month ago. Cotton textile imports, at 646 million pounds, accounted for 57 percent of total imports in January and were 21 percent above December shipments. Asian textile-producing countries remain the most important source of cotton textile imports, accounting for 53 percent in January 2001. Textile exports totaled 392 million pounds, down 2 percent from December but 10 percent above January 2000. Overall, textile exports were lower for all major fibers, except linen, and all major end-uses from a month earlier. Cotton textile exports declined to 175 million pounds, 2 percent below December 2000. U.S. shipments to other North American countries accounted for 90 percent of the total. Compared with a year ago, cotton exports to North America increased 8 percent. The textile trade deficit for all fibers during January 2001 was 751 million pounds, 18 percent above a year earlier. The deficit increased for all major fibers except linen. Cottons share of the trade deficit was 63 percent in January. The next Cotton and Wool Outlook (CWS-0401) will be released on May 11, 2001. U.S. COTTON SUPPLY AND USE ESTIMATES ------------------------------------------------------------------------- 2000/01 ----------------------------- Item 1999/2000 Feb Mar Apr ------------------------------------------------------------------------- Upland: Million acres Planted 14.584 15.365 15.365 15.365 Harvested 13.138 12.927 12.927 12.927 Pounds Yield/harvested acre 595 625 625 625 Million 480-lb bales Beginning stocks 3.836 3.672 3.672 3.672 Production 16.294 16.822 16.822 16.822 Total supply 1/ 20.183 20.504 20.504 20.504 Mill use 10.103 9.570 9.370 9.170 Exports 6.303 6.540 6.440 6.440 Total use 16.406 16.110 15.810 15.610 Ending stocks 3.672 4.412 4.712 4.912 Percent Stocks-to-use ratio 22.4 27.4 29.8 31.5 Extra-long staple: 1,000 acres Planted 290 172 172 172 Harvested 287 171 171 171 Pounds Yield/harvested acre 1,128 1,119 1,119 1,119 1,000 480-lb bales Beginning stocks 103 250 250 250 Production 674 398 398 398 Total supply 1/ 821 668 668 668 Mill use 137 130 130 130 Exports 447 460 460 460 Total use 584 590 590 590 Ending stocks 250 88 88 88 Percent Stocks-to-use ratio 42.8 14.9 14.9 14.9 ----------------------------------------------------------------------- Based on USDA estimates. 1/ Includes imports. WORLD COTTON SUPPLY AND USE ESTIMATES ----------------------------------------------------------------------- 2000/01 ---------------------------- Item 1999/2000 Feb Mar Apr ----------------------------------------------------------------------- Supply: Million 480-lb bales Beginning stocks World 44.81 40.97 41.00 41.00 Foreign 40.88 37.05 37.08 37.08 Production World 87.20 88.06 88.16 87.54 Foreign 70.23 70.84 70.94 70.32 Imports World 28.34 26.98 26.89 27.12 Foreign 28.24 26.95 26.86 27.09 Use: Mill use World 91.87 92.10 91.84 91.66 Foreign 81.63 82.40 82.34 82.36 Exports World 27.22 26.49 26.40 26.34 Foreign 20.47 19.49 19.50 19.44 Ending stocks World 41.00 37.27 37.67 37.51 Foreign 37.08 33.77 32.87 32.51 Stocks-to-use ratio Percent World 44.6 40.5 41.0 40.9 Foreign 45.4 39.8 39.9 39.5 ---------------------------------------------------------------------- Based on USDA estimates. FIBER SUPPLY ---------------------------------------------------------------------- 2000 2001 2000 ---------------- Item Dec Jan Feb Feb ---------------------------------------------------------------------- Cotton: 1,000 480-lb bales Ginnings 2,505 565 131 99 Imports since August 1 7.5 7.7 NA 72.3 Stocks, beginning 13,046 14,371 13,585 13,358 At mills 447 425 449 513 Public storage 11,199 12,458 11,779 11,308 CCC stocks 1,204 2,069 2,939 1,503 Manmade: Million pounds Production 733.9 790.9 765.0 891.2 Noncellulosic 707.7 759.7 739.3 861.5 Cellulosic 26.2 31.2 25.7 29.7 Total since January 1 10,057.9 790.9 1,555.9 1,760.3 2000 2001 2000 ------------- Nov Dec Jan Jan ---------------------------------------------------------------------- Million pounds Raw fiber imports 112.7 110.3 123.4 153.1 Noncellulosic 108.0 106.6 120.3 147.7 Cellulosic 4.7 3.7 3.1 5.4 Total since January 1 1,467.0 1,577.3 123.4 153.1 Wool and Mohair: 1,000 pounds Raw wool imports, clean 3,495 2,396 4,948 4,886 48's-and-finer 1,861 1,035 2,435 3,105 Not-finer-than-46's 1,634 1,362 2,228 1,781 Total since January 1 42,605 45,001 4,948 4,886 Wool top imports 418 532 580 385 Total since January 1 4,512 5,044 580 385 Mohair imports, clean 0 0 0 4 Total since January 1 16 16 0 4 ---------------------------------------------------------------------- NA = Not available. COTTON SYSTEM FIBER CONSUMPTION ---------------------------------------------------------------------- 2000 2001 2000 --------------- Item Dec Jan Feb Feb --------------------------------------------------------------------- Cotton: 1,000 480-lb bales All consumed by mills 1/ 640 787 681 838 Total since August 1 1/ 3,959 4,746 5,427 5,850 SA annual rate 2/ 9,737 8,935 8,648 10,118 SA daily rate 2/ 37.3 34.2 33.1 38.8 Daily rate 30.5 34.2 34.0 39.9 Upland consumed by mills 1/ 633 775 671 825 Total since August 1 1/ 3,907 4,683 5,353 5,771 SA daily rate 2/ 37.0 33.7 32.6 38.2 Daily rate 30.1 33.7 33.5 39.3 Spindles in place 4,303 4,219 4,137 4,586 Active spindles 4,010 3,930 3,885 4,401 100 percent cotton 2,141 2,068 2,023 2,407 100 percent manmade 646 641 652 682 Blends 1,223 1,221 1,210 1,312 Percent Cotton's share of fibers 78.5 78.0 77.9 78.4 Manmade: 1,000 pounds Total consumed by mills 1/ 84,324 106,479 92,524 110,755 Total since August 1 1/ 508,427 614,906 707,430 767,095 Daily rate 4,015 4,630 4,626 5,274 Noncellulosic staple 3,760 4,369 4,369 4,998 Cellulosic staple 255 261 257 276 ---------------------------------------------------------------------- 1/ Adjusted to calendar month. 2/ SA = seasonally adjusted. FIBER EXPORTS ---------------------------------------------------------------------- 2000 2001 2000 ------------------- Item Nov Dec Jan Jan ---------------------------------------------------------------------- Cotton: 1,000 480-lb bales Upland exports 404 485 518 612 Total since August 1 1,462 1,947 2,464 2,192 Sales for next season 68 30 50 58 Total since August 1 229 259 309 379 ELS exports 30.7 55.6 46.0 46.1 Total since August 1 121.5 177.1 223.1 141.4 Sales for next season 9.7 30.9 11.6 5.0 Total since August 1 16.5 47.4 59.1 12.2 Manmade: Million pounds Raw fiber exports 93.5 85.5 83.1 78.0 Noncellulosic 85.0 76.3 74.7 73.4 Cellulosic 8.5 9.2 8.4 4.6 Total since January 1 1,046.4 1,131.9 83.1 78.0 Wool and Mohair: 1,000 pounds Raw wool exports, clean 555.2 199.4 511.0 343.8 Total since January 1 5,930.2 6,129.6 511.0 343.8 Wool top exports 358.9 400.5 166.9 434.0 Total since January 1 6,507.8 6,908.3 166.9 434.0 Mohair exports, clean 593.3 306.1 63.7 350.9 Total since January 1 3,246.7 3,552.8 63.7 350.9 ---------------------------------------------------------------------- FIBER PRICES ---------------------------------------------------------------------- 2001 2000 -------------------------- Item Jan Feb Mar Mar ---------------------------------------------------------------------- Cents per pound Domestic cotton prices: Adjusted World Price 50.61 47.51 41.49 43.07 Upland spot 41-34 56.66 54.10 47.22 57.67 Pima spot 03-46 105.43 100.66 96.95 83.30 Avg. price received by: Upland producers 52.30 49.10 49.60 47.70 Mill delivered: Cotton Actual 64.27 61.25 54.34 64.76 Raw fiber equivalent 71.41 68.06 60.38 71.96 Rayon staple Actual 99.00 99.00 99.00 97.00 Raw fiber equivalent 103.13 103.13 103.13 101.04 Polyester staple Actual 60.00 60.00 60.00 55.00 Raw fiber equivalent 62.50 62.50 62.50 57.29 Price ratios Percent Cotton/rayon 69.2 66.0 58.5 71.2 Cotton/polyester 114.3 108.9 96.6 125.6 Northern Europe cotton quotes: Cents per pound A Index 64.19 60.88 54.75 57.45 Memphis Territory 69.75 68.63 61.25 64.70 California/Arizona 68.50 67.38 58.70 65.20 B Index 60.40 57.56 52.05 53.53 Orleans/Texas 58.19 57.38 50.65 52.80 Wool prices (clean): Dollars per pound U.S. 56's 0.60 0.62 0.65 0.49 Australian 56's 1/ 1.26 1.30 1.33 1.18 U.S. 60's 0.77 0.75 0.79 0.70 Australian 60's 1/ 1.46 1.53 1.54 1.26 U.S. 64's 0.95 1.00 1.08 1.01 Australian 64's 1/ 1.60 1.68 1.64 1.44 ----------------------------------------------------------------------- NQ = No quotes. NA = Not available. 1/ In bond, Charleston, SC. TEXTILE TRADE ---------------------------------------------------------------------- 2000 2001 2000 ------------------ Item Nov Dec Jan Jan ---------------------------------------------------------------------- Imports: 1,000 pounds 1/ Yarn, thread, and fabric 238,212 234,236 267,098 279,037 Cotton 105,455 97,095 115,533 113,866 Linen 17,282 32,851 21,630 42,624 Wool 4,937 2,852 3,069 3,855 Silk 961 923 1,019 1,058 Manmade 109,577 100,515 125,847 117,634 Apparel 727,887 611,138 751,712 603,476 Cotton 447,997 381,132 462,138 367,149 Linen 20,213 16,021 22,972 18,715 Wool 20,278 12,197 13,080 12,900 Silk 13,081 12,658 18,558 15,564 Manmade 226,318 189,130 234,964 189,148 House furnishings 68,133 64,746 76,199 66,173 Cotton 45,269 45,014 58,242 48,516 Linen 1,254 998 1,236 901 Wool 550 462 356 214 Silk 172 126 104 114 Manmade 20,888 18,146 16,261 16,428 Floor coverings 39,552 38,626 39,182 34,692 Cotton 4,322 4,680 4,761 4,837 Linen 6,640 6,964 6,971 5,713 Wool 12,473 12,645 11,876 10,282 Silk 607 776 692 715 Manmade 15,510 13,561 14,882 13,145 Total imports 2/ 1,081,262 956,421 1,143,125 990,922 Cotton 606,968 532,223 645,899 538,333 Linen 45,486 56,899 52,882 68,023 Wool 38,401 28,259 28,439 27,326 Silk 14,824 14,486 20,374 17,451 Manmade 375,582 324,553 395,531 339,789 Exports: 1,000 pounds 1/ Yarn, thread, and fabric 238,992 216,453 213,380 184,876 Cotton 100,356 86,418 85,520 71,997 Linen 6,467 5,823 5,696 5,317 Wool 4,928 4.414 4,366 5,304 Silk 3,019 2,393 2,549 1,806 Manmade 124,222 117,405 115,249 100,452 Apparel 173,906 145,731 144,633 135,826 Cotton 102,763 85,958 83,678 84,677 Linen 2,191 1,909 2,181 1,904 Wool 9,743 8,590 8,367 5,785 Silk 5,228 4,835 4,267 3,876 Manmade 53,981 44,439 45,140 39,584 House furnishings 9,285 7,030 5,703 5,845 Cotton 5,555 4,567 3,659 3,513 Linen 211 143 156 169 Wool 172 117 57 39 Silk 67 47 50 58 Manmade 3,280 2,156 1,781 2,066 Floor coverings 34,503 29,409 28,847 29,011 Cotton 3,032 2,735 2,383 1,981 Linen 1,594 1,479 1,325 1,332 Wool 3,260 2,472 2,546 3,365 Silk 61 82 41 67 Manmade 26,556 22,641 22,552 22,266 Total exports 2/ 456,933 398,829 391,749 355,846 Cotton 211,774 179,734 175,294 162,263 Linen 10,470 9,359 9,363 8,735 Wool 18,120 15,610 15,352 14,508 Silk 8,375 7,356 6,906 5,807 Manmade 208,195 186,770 184,834 164,533 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Includes headgear. Note: January 2001 data are preliminary and subject to revision. U.S. COTTON TEXTILE IMPORTS ---------------------------------------------------------------------- 2000 2001 2000 ------------------ Item Nov Dec Jan Jan ---------------------------------------------------------------------- 1,000 pounds 1/ North America 273,658 228,374 219,799 192,781 Canada 23,806 19,156 21,372 21,729 Costa Rica 10,718 10,481 6,027 7,024 Dominican Republic 21,208 15,982 15,350 9,662 El Salvador 24,793 20,323 17,070 16,538 Guatemala 12,207 12,884 16,983 10,464 Haiti 4,217 4,271 2,741 2,942 Honduras 43,384 38,872 28,952 26,198 Jamaica 2,765 2,299 1,579 2,291 Mexico 124,713 99,374 104,067 92,122 Nicaragua 5,522 4,467 5,250 3,603 South America 12,208 12,652 14,778 12,530 Argentina 16 22 7 4 Brazil 3,261 4,195 6,150 6,532 Chile 1 42 25 18 Colombia 4,057 4,145 3,800 2,132 Peru 4,260 3,670 4,236 3,365 Europe 44,832 34,054 46,107 36,894 Estonia 408 631 379 613 France 726 642 656 638 Germany 899 954 775 974 Italy 4,399 3,423 4,740 3,954 Portugal 5,425 3,220 3,007 3,077 Russia 3,413 3,077 3,754 1,790 Spain 1,484 1,619 703 839 Turkey 17,805 11,104 21,285 17,127 United Kingdom 2,083 1,552 1,642 978 Asia 254,272 235,838 340,795 279,514 Bahrain 3,005 2,942 3,600 2,296 Bangladesh 19,295 15,396 26,144 21,926 China 11,633 29,087 46,523 34,532 Hong Kong 22,998 21,897 35,194 30,475 India 24,809 24,836 33,257 31,113 Indonesia 16,200 14,493 19,012 11,835 Israel 3,428 3,320 4,427 3,749 Japan 1,438 1,360 1,652 1,440 Macao 5,876 4,547 7,472 4,988 Malaysia 5,562 5,245 6,479 4,748 Nepal 1,466 1,715 2,097 1,708 Oman 1,687 1,833 2,820 1,615 Pakistan 43,306 36,281 47,419 43,854 Philippines 7,701 9,698 13,932 15,218 Qatar 1,750 1,508 1,894 1,255 Singapore 2,401 2,555 3,832 2,973 South Korea 10,870 9,899 11,955 10,141 Sri Lanka 7,636 8,209 10,863 8,609 Taiwan 11,633 10,365 14,922 12,586 Thailand 13,597 12,804 15,202 15,748 U Arab Em 2,690 2,034 5,534 3,425 Oceania 3,075 1,999 3,121 2,425 Australia 2,008 1,274 1,591 1,186 Fiji 683 609 1,114 704 Africa 18,923 19,306 21,300 14,190 Egypt 7,437 8,782 10,163 6,168 Lesotho 2,458 2,155 2,141 1,653 Mauritius 2,296 1,895 1,977 1,482 Morocco 1,282 1,257 1,165 753 South Africa 2,547 1,829 1,851 1,524 Tunisia 91 125 128 98 World 2/ 606,968 532,223 645,899 538,333 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Totals may not add due to rounding. Note: January 2001 data are preliminary and subject to revision. U.S. COTTON TEXTILE EXPORTS ----------------------------------------------------------------------- 2000 2001 2000 ------------------ Country Nov Dec Jan Jan ----------------------------------------------------------------------- 1,000 pounds 1/ North America 190,885 158,559 157,913 146,781 Canada 29,747 22,859 24,831 28,739 Costa Rica 9,149 7,303 6,384 7,013 Dominican Republic 17,287 12,648 13,247 12,902 El Salvador 12,195 11,328 9,436 8,719 Guatemala 6,008 4,111 4,608 2,463 Haiti 3,088 2,797 2,303 1,733 Honduras 27,717 25,655 23,837 21,613 Jamaica 2,537 2,528 2,021 1,879 Mexico 81,562 67,908 69,932 60,187 South America 5,961 4,297 3,453 2,957 Argentina 185 117 46 101 Brazil 486 392 480 406 Chile 459 869 639 610 Colombia 2,549 1,545 1,304 903 Peru 107 53 42 68 Venezuela 1,435 1,087 689 650 Europe 7,398 7,137 6,685 5,867 Belgium 2,251 2,499 2,200 2,189 France 231 377 378 404 Germany 624 714 712 442 Ireland 82 156 116 55 Italy 310 243 231 246 Netherlands 1,005 585 783 533 United Kingdom 1,704 1,632 1,409 1,275 Asia 6,384 7,840 6,318 5,852 China 179 458 226 167 Hong Kong 775 927 907 530 Israel 293 272 223 379 Japan 2,542 3,244 2,628 2,936 Philippines 337 137 240 177 Saudi Arabia 335 429 270 357 Singapore 416 398 250 228 South Korea 288 339 274 338 Taiwan 179 289 321 179 U Arab Em 113 314 126 176 Oceania 596 916 435 447 Australia 497 811 320 346 New Zealand 61 80 75 89 Africa 551 985 490 361 Egypt 25 34 47 1 Ghana 33 14 10 26 Ivory Coast 2 118 46 5 Nigeria 146 155 33 21 South Africa 77 109 63 41 World 2/ 211,774 179,734 175,294 162,263 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Totals may not add due to rounding. Note: January 2001 data are preliminary and subject to revision. ACTUAL AND PROJECTED COTTON ACREAGE ------------------------------------------------------------------- State/ Actual Actual Projected Region 1999 2000 2001 1/ 2001/2000 ------------------------------------------------------------------- 1,000 acres Percent Upland: Alabama 565 590 600 102 Florida 107 130 120 92 Georgia 1,470 1,500 1,500 100 N. Carolina 880 930 1,050 113 S. Carolina 330 300 310 103 Virginia 110 110 105 95 Southeast 3,462 3,560 3,685 104 Arkansas 970 960 1,050 109 Louisiana 615 710 800 113 Mississippi 1,200 1,300 1,500 115 Missouri 380 400 400 100 Tennessee 570 570 600 105 Delta 3,735 3,940 4,350 110 Kansas 33 40 44 110 Oklahoma 240 280 300 107 Texas 6,150 6,400 6,000 94 Southwest 6,423 6,720 6,344 94 Arizona 270 280 280 100 California 610 775 660 85 New Mexico 84 90 75 83 West 964 1,145 1,015 89 Total Upland 14,584 15,365 15,394 100 Pima: Arizona 9 6 7 117 California 240 145 190 131 New Mexico 8 5 7 156 Texas 33 16 16 100 Total Pima 290 172 220 128 Total All 14,874 15,537 15,614 100 ------------------------------------------------------------------- 1/ Planting intentions as indicated by reports from farmers. *************************************************************************** *** Information Contacts: Leslie Meyer (U.S. Cotton and Textiles) LMEYER@ERS.USDA.GOV (202) 694-5307 Stephen MacDonald (Foreign Cotton) STEPHENM@ERS.USDA.GOV (202) 694-5305 Robert Skinner (Textiles and Wool) RSKINNER@ERS.USDA.GOV (202) 694-5313 *************************************************************************** *** ERS on the World Wide Web ERS' newly redesigned and restructured website provides you with accurate, timely, comprehensive, easy-to-find economic analysis on issues related to agriculture, food, the environment, and rural development. 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