COTTON AND WOOL OUTLOOK September 13, 2001 September 2001, ERS-CWS-0801 Approved by the World Agricultural Outlook Board -------------------------------------------------------------------------- COTTON AND WOOL OUTLOOK is issued electronically 10 times a year by the Economic Research Service, U.S. Department of Agriculture, Washington, DC 20036-5831. Electronic release only; no printed copies available. -------------------------------------------------------------------------- Summary: September 2001 The latest United States Department of Agriculture (USDA) cotton forecast for 2001/02 reflects higher U.S. ending stocks as a result of larger beginning stocks and lower domestic mill use. U.S. production for 2001 remains projected at a record 20 million bales this season. And, despite total demand estimated to be the highest in four seasons at 17.3 million bales, stocks are projected to jump dramatically to 8.7 million by seasons end, the highest since 1985/86. Foreign production in 2001/02 is estimated at 76.2 million bales, over 5 million above last season and largely the result of increased area. In addition, the projected output is the highest since 1991/92s record. At the same time, however, foreign cotton use is forecast to reach a record 84.3 million bales this season, 1.3 million higher than 2000/01. Meanwhile, 2001/02 ending stocks are projected nearly 4 percent higher than a year ago at 34 million bales. U.S. 2001 Cotton Production Prospects Unchanged According to USDAs September Crop Production report, the 2001 U.S. cotton crop is forecast at 20 million bales, nearly identical to the August survey, as offsetting changes occurred in a number of States. Upland production is forecast at about 19.4 million bales, while the extra-long staple (ELS) crop is projected at 615,000 bales. During the previous 20 years, the September forecast has been equally below and above final production. In addition, past differences between the September forecast and the final production estimate indicate that chances are two out of three for the 2001 U.S. cotton crop to range between 18.8 and 21.2 million bales. Compared with last season, upland production is projected to increase 15 percent or nearly 2.6 million bales in 2001, with three of the four Cotton Belt regions indicating higher output. While the largest area remains in the Southwest region, the Delta is expected to produce the largest crop, at 6.8 million bales, slightly below the 1994 record there. In the Southeast, production is expected to surpass 5 million bales for the first time since 1937. In contrast, in the West, where area is down 11 percent from 2000, upland production is projected to decline to 2.7 million bales despite the second highest regional yield on record. In contrast to the upland crop, ELS production is expected to rise significantly from last season. The September Crop Production report indicated an ELS crop of 615,000 bales this season, 4 percent above last month and nearly 60 percent above 2000. California continues to account for the majority of ELS production and is projected to account for 91 percent of the ELS crop in 2001. Compared with last season, all cotton production is expected to rise 16 percent. Total planted area to cotton remains estimated at 16.2 million acres, and abandonment is projected at 13 percent. As a result, cotton area to be harvested is forecast at 14.1 million acres, 8 percent above last season and the highest since 1995/96. Based on the harvested area, the national yield is estimated at 679 pounds per acre, 47 pounds above 2000/01. Despite recent declines, overall U.S. cotton crop conditions remain above a year ago. As of September 9th, 45 percent of the cotton acreage was in good or excellent condition, compared with 36 percent in 2000. On the other hand, only 26 percent was rated poor or very poor this season, compared with 34 percent last year. While crop conditions are above those for 2000, crop development and harvest are behind last year but near the 5-year average. As of September 9th, 53 percent of the cotton area had bolls opening, compared with 59 percent in 2000 and an average of only 52 percent. Also, 7 percent of the U.S. area has already been harvested, compared with 9 percent last season and a 5-year average of 7 percent. Similar progress can also be seen in the Cotton Ginnings report. As of September 1st, 608,650 running bales had been ginned, compared with 842,150 bales at this time in 2000. U.S. Total Demand Reduced; Stocks To Rise Further Based on the September production forecast and beginning stocks estimated at 6.03 million bales, total U.S. cotton supplies for 2001/02 are expected to increase 23 percent to 26 million. Meanwhile, total demand for U.S. cotton is projected to improve from last season despite a reduced mill use estimate this month. Total U.S. cotton demand is forecast to reach 17.3 million bales, 11 percent above last season and above the 5-year average of 16.8 million. Despite an abundant supply of cotton at relatively low prices, U.S. cotton mill use is projected to decline once again this season. The current estimate of 8.3 million bales is 6 percent below 2000/01 and the lowest annual consumption since 1988/89. While mill prices are at their lowest in 15 years, the U.S. textile industry remains beleaguered by the slowdown in the U.S. economy and competition from foreign imported products. The continued strength of the U.S. dollar has allowed imported products to account for much of the retail activity, albeit sluggish. In fact, cotton textile imports have risen only 3 percent during the first 6 months of 2001, compared with a year ago. However, cotton textile exports have actually declined 3 percent during the first half of 2001, which has dampened mill use further. On the other hand, U.S. cotton exports are currently forecast at 9 million bales, unchanged this month but 2.3 million above the 2000/01 estimate. With record foreign demand projected, the United States is expected to supply a large share of the import demand as abundant supplies at low prices are projected to push U.S. exports to their highest level since 1994/95s 9.4 million bales. The current export estimate equals about 32 percent of projected foreign import needs, similar to that of 1994/95. Based on these U.S. supply and demand projections, cotton ending stocks for 2001/02 are projected to rise 2.7 million bales from the beginning level to 8.7 million. As a result, the implied stocks-to-use ratio for the season is currently 50 percent, the highest in 13 years. Revised 2000/01 Mill Use and Stocks Based on reports from the Census Bureau and adjusting to a marketing year basis, cotton mill use for 2000/01 was raised slightly from last months estimate to 8.87 million bales. However, the latest figure is about 1.4 million bales (13 percent) below 1999/2000. While the Census Bureau report indicated an upward revision for the August 2000-May 2001 period, monthly details are not yet available and will be released by the Census at a later date. However, the adjustment was estimated at about 40,000 bales. In addition, a revised July mill use estimate will be issued later this month and the 2000/01 mill use will be adjusted accordingly in the October World Agricultural Supply and Demand Estimates (WASDE) report. A preliminary 2000/01 U.S. ending stock estimate was also released in late August by the Census Bureau, indicating larger than anticipated cotton stocks at the end of last season. The higher cotton stocks were the result of a revised figure for cotton held in public storage and at compresses. As a result of "new" warehouses that were not previously surveyed, the Census Bureau adjusted their original June stock estimate upward by about 500,000 running bales (more than 8 percent) and included these warehouses in the preliminary July estimate. Census indicated that 42 warehouses were added to their survey and located across a number of States, mainly in the Southeast and Delta regions. In fact, the data indicate that about 60 percent of the total adjustment came from three States, Florida, Georgia, and North Carolina, where a total of 23 warehouses were added to the survey. However, significant increases also came from Alabama, Tennessee, Arkansas, and Virginia. Based on necessary adjustments to the reported survey-based Census data, 2000/01 ending stocks are now estimated at 6.03 million 480-pound bales, up from the 5.55 million estimated by USDA in its August WASDE report. The difference between the USDA supply less use and the Census stock figure will be listed as "unaccounted." With the increase in stocks and only minor adjustments in Septembers imports and mill use, the unaccounted is now estimated at 478,000 bales for 2000/01. The stocks will remain in this category unless subsequent changes by the Census Bureau are reported. The ending stock estimate is the highest since 1988/89s 7.1 million bales and results in a stocks-to-use ratio of about 39 percent. World Supply and Demand: Record Production and Consumption World cotton production in 2001/02 is forecast 275,000 bales higher than during August, at 96.2 million bales. World cotton consumption in 2001/02 is forecast 50,000 bales lower than during August, at 92.6 million bales. Imports are forecast 200,000 bales lower (28.3 million), exports are forecast 300,000 bales lower (28 million bales), and ending stocks are forecast 1.2 million bales higher (42.7 million bales). World endings stocks in 2001/02 are estimated higher than they were during August primarily due to historical revisions, with a large revision in U.S. ending stocks foremost. Historical revisions to Australias supply and demand estimates were made extending back several years as part of an ongoing attempt to integrate information on Australias stocks, production, and trade from a variety of government agencies and other sources in Australia. Historical revisions to stocks increased USDAs estimate of beginning stocks through 2000/01 by 250,000 bales, and revised production estimates from the Australian Bureau of Agricultural and Resource Economics (ABARE) and other sources added another 130,000 bales to USDAs estimate of Australias 2000/01 supplies. However, recent trade data suggest the seasonality of Australias exports has changed recently, and estimated 2000/01 exports are 400,000 bales higher this month, completely offsetting. Revised trade data for Pakistan and Turkey in 2000/01, an increased production estimate for Mexico, and reduced consumption for Indonesia also raised 2001/02 beginning stocks, slightly offset by a reduction in Tanzania. While foreign 2001/02 beginning stocks are nearly 400,000 bales higher than during August, lower production or higher consumption estimates for some countries resulted in a few cases of offsetting declines in ending stocks. ABARE's estimate for Australia's 2001/02 crop is smaller than the estimate it released several months ago, and USDA reduced its estimate 200,000 bales as area is expected to respond to both weather and price concerns. Brazil's crop is also lower this month as reports from credible sources continue to suggest that Matto Grosso's inexorable increase in cotton area could be reversed due to current low prices. Estimates of Brazil's exports and imports are largely offsetting the 250,000-bale reduction in expected output, but Brazil's 2001/02 ending stocks are forecast 50,000 bales lower this month. Sudan's 2001/02 ending stocks are also forecast 50,000 bales lower as reports of flooding and an increased emphasis on food production there mean USDA's production forecast for Sudan is 150,000 bales lower this month. Uzbekistan's ending stocks are 100,000 bales lower as reports of a series of new textile ventures there led to a 300,000-bale increase in USDA's estimate for Uzbekistan's 2001/02 consumption, offset partly by a 200,000-bale decline in expected exports. However, despite these offsetting changes in foreign production, consumption, trade, and stocks, USDA's estimate of 2001/02 foreign ending stocks is 600,000 bales higher than in August. Higher production in Mali (200,000 bales) accounts for 50,000 bales of this increase, but a 500,000- bale increase in Chinas crop accounted for much of this gain. In August, USDA increased its estimate of Chinas 2001/02 crop based on credible estimates that area was larger than previously expected. In the last month, it has become clearer that weather has been largely favorable this year and that USDAs conservative yield forecast from August should be revised. While USDAs estimate of Chinas 2001/02 consumption is lower than its August estimate (by 250,000 bales) its estimate of Chinas imports is also lower (by 300,000 bales). Chinas cotton harvest is getting underway, and early reports of prices paid to farmers indicate a smaller difference between Chinas domestic prices and contemporaneous world prices than previously expected. This suggests that the need for imports to equalize the competitiveness of Chinas textile industry is not as great as earlier expected. Chinas yarn output is no longer realizing the strong year-to- year gains it has shown during much of the last 2 years as an appreciating real exchange rate and a slowing world economy begin to have an effect. It is expected that Chinas textile industry will receive some relief from Chinas current policy of prohibiting imports, but only a 300,000-bale net import level is forecast for 2001/02. U.S. Textile Trade: U.S. Textile Imports Rise in June U.S. textile imports during June 2001, at 1.2 billion pounds (raw-fiber equivalent), rose 8 percent from May but were 4 percent below June 2000. Higher imports of all fibers, except linen, occurred in June compared with a month earlier. Larger shipments of apparel and home furnishings more than offset slight declines in other end-use categories. Cotton imports, at 677 million pounds, accounted for 57 percent of June shipments and were nearly 6 percent higher than in May 2001. U.S. cotton textile imports from Asia accounted for 47 percent of monthly imports, while shipments from other North American countries contributed another 39 percent. In contrast, U.S. textile exports fell 5 percent in June to 423 million pounds and were 15 percent below the previous year. Shipments of all fibers and major end-use categories were below a month earlier and a year ago. Cotton textile exports, at 183 million pounds, were 4 percent below May and 21 percent below June 2000, and accounted for 43 percent of all textile exports. U.S. cotton textile exports, for the most part, are sent to other North American countries, and during June, 92 percent of the shipments were recorded in this fashion. Overall for the first half of 2001, U.S. cotton textile imports are slightly above the comparable 2000 period, while exports have declined 3 percent. As a result, the cotton textile trade deficit for the 6-month period reached 2.6 billion pounds, or 2 percent higher than the deficit during the first half of 2000. * * * * * The next Cotton and Wool Outlook (CWS-0901) will be released on October 15, 2001. **************************************************************************** For several months, a wide range of ideas have emerged in the farm bill debate on how best to address the needs of farmers and other constituencies. A recently released ERS report, Cotton: Background and Issues for Farm Legislation, provides information on topics important to the debate, including market conditions, policy proposals, WTO considerations, and the interactions between policy and markets. This online-only report, http://www.ers.usda.gov/publications/cws-0601- 01/, is the first of occasional Outlook supplements on cotton that will provide timely analysis on specific topics. Readers will no longer have to wait for the Cotton and Wool Situation and Outlook Yearbook for all of the in-depth special reports on the cotton sector. ***************************************************************************** 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 U.S. COTTON SUPPLY AND USE ESTIMATES ------------------------------------------------------------------------- 2001/02 ----------------------------- Item 2000/01 Jul Aug Sep ------------------------------------------------------------------------- Million acres Upland: Planted 15.347 16.054 15.959 15.959 Harvested 12.884 14.200 14.104 13.899 Pounds Yield/harvested acre 626 630 661 669 Million 480-lb bales Beginning stocks 3.672 5.520 5.449 5.915 Production 16.799 18.650 19.410 19.377 Total supply 1/ 20.474 24.170 24.859 25.292 Mill use 8.748 8.385 8.385 8.190 Exports 6.265 8.555 8.540 8.540 Total use 15.013 16.940 16.925 16.730 Ending stocks 2/ 5.915 7.210 7.961 8.517 Percent Stocks-to-use ratio 39.4 42.6 47.0 50.9 Extra-long staple: 1,000 acres Planted 170 235 235 240 Harvested 169 233 234 239 Pounds Yield/harvested acre 1,105 1,133 1,216 1,235 1,000 480-lb bales Beginning stocks 250 80 101 118 Production 389 550 593 615 Total supply 1/ 651 640 704 743 Mill use 122 115 115 110 Exports 435 445 460 460 Total use 557 560 575 570 Ending stocks 2/ 118 90 139 183 Percent Stocks-to-use ratio 21.2 16.1 24.2 32.1 ------------------------------------------------------------------------- Based on USDA estimates. 1/ Includes imports. 2/ Includes unaccounted. WORLD COTTON SUPPLY AND USE ESTIMATES ------------------------------------------------------------------------- 2001/02 ----------------------------- Item 2000/01 Jul Aug Sep ------------------------------------------------------------------------- Supply: Million 480-lb bales Beginning stocks World 41.48 37.83 38.02 38.87 Foreign 37.56 32.23 32.47 32.84 Production World 88.33 94.63 95.95 96.22 Foreign 71.14 75.43 75.95 76.23 Imports World 26.79 28.83 28.49 28.29 Foreign 26.77 28.82 28.48 28.28 Use: Mill use World 91.83 92.69 92.60 92.55 Foreign 82.96 84.19 84.10 84.25 Exports World 26.28 28.52 28.24 27.96 Foreign 19.58 19.52 19.24 18.96 Ending stocks World 38.87 39.96 41.53 42.73 Foreign 32.84 32.66 33.43 34.03 Stocks-to-use ratio Percent World 42.3 43.1 44.8 46.2 Foreign 39.6 38.8 39.8 40.4 ------------------------------------------------------------------------- Based on USDA estimates. FIBER SUPPLY ------------------------------------------------- -------------------2001 2000--------------------- Item May Jun Jul Jul -------------------------------------------------------------------- Cotton: 1,000 480-lb bales Ginnings 0 0 0 0 Imports since August 1 10.0 14.7 NA 96.5 Stocks, beginning 9,609 8,162 6,762 5,237 At mills 478 464 434 500 Public storage 8,198 7,204 6,657 4,233 CCC stocks 2,531 2,366 2,081 295 Manmade: Million pounds Production 754.8 721.6 693.3 841.4 Noncellulosic 737.8 708.7 678.4 810.7 Cellulosic 17.0 12.9 14.9 30.7 Total since January 1 3,855.0 4,576.6 5,269.9 6,062.0 2001 2000 --------------------------- Apr May Jun Jun --------------------------------------------------------------------- Million pounds Raw fiber imports 124.9 133.5 115.8 132.7 Noncellulosic 121.0 131.0 112.8 127.9 Cellulosic 3.9 2.5 3.0 4.8 Total since January 1 480.5 614.0 729.8 850.2 Wool and Mohair: 1,000 pounds Raw wool imports, clean 1,489 2,593 1,629 2,690 48's-and-finer 839 1,394 870 1,214 Not-finer-than-46's 650 1,199 759 1,476 Total since January 1 15,038 17,631 9,260 24,796 Wool top imports 338 243 476 320 Total since January 1 1,780 2,023 2,499 3,142 Mohair imports, clean 0 0 4 0 Total since January 1 0 0 4 4 -------------------------------------------------------------------- NA = Not available. COTTON SYSTEM FIBER CONSUMPTION -------------------------------------------------------------------- 2001 2000 ------------------------ Item May Jun Jul Jul -------------------------------------------------------------------- Cotton: 1,000 480-lb bales All consumed by mills 1/ 756 624 570 730 Total since August 1 1/ 7,676 8,300 8,870 10,241 SA annual rate 2/ 8,109 7,761 7,722 10,006 SA daily rate 2/ 31.1 29.7 29.6 38.3 Daily rate 32.5 29.7 25.9 34.8 Upland consumed by mills 1/ 746 614 562 721 Total since August 1 1/ 7,572 8,186 8,748 10,104 SA daily rate 2/ 30.6 29.3 29.2 37.9 Daily rate 32.1 29.2 25.5 34.3 Spindles in place 3,836 3,834 3,744 4,634 Active spindles 3,560 3,565 3,407 4,380 100 percent cotton 1,956 2,004 1,952 2,423 100 percent manmade 598 582 521 677 Blends 1,006 978 934 1,280 Percent Cotton's share of fibers 78.3 78.1 78.1 79.0 Manmade: 1,000 pounds Total consumed by mills 1/ 99,332 83,957 76,579 93,047 Total since August 1 1/ 999,461 1,083,418 1,159,997 1,338,239 Daily rate 4,319 3,998 3,481 4,431 Noncellulosic staple 4,067 3,792 3,327 4,210 Cellulosic staple 252 206 154 221 -------------------------------------------------------------------- 1/ Adjusted to calendar month. 2/ SA = seasonally adjusted. FIBER EXPORTS ---------------------------------------------------------------------- 2001 2000 ------------------------- Item Apr May Jun Jun ---------------------------------------------------------------------- Cotton: 1,000 480-lb bales Upland exports 537 661 755 449 Total since August 1 4,229 4,890 5,645 5,524 Sales for next season 401 451 478 503 Total since August 1 1,435 1,886 2,364 1,404 ELS exports 31.0 31.5 25.6 59.1 Total since August 1 360.6 392.1 417.9 398.6 Sales for next season 36.0 26.6 6.6 20.0 Total since August 1 114.9 141.5 148.1 154.9 Manmade: Million pounds Raw fiber exports 79.3 77.8 69.2 104.9 Noncellulosic 74.5 75.0 66.8 96.2 Cellulosic 4.8 2.8 2.4 8.7 Total since January 1 335.6 413.4 482.6 576.0 Wool and Mohair: 1,000 pounds Raw wool exports, clean 320.4 634.3 645.7 791.1 Total since January 1 1,607.7 2,242.0 2,887.7 3,187.2 Wool top exports 466.4 622.7 959.7 517.4 Total since January 1 2,222.5 2,845.2 3,804.9 2,606.0 Mohair exports, clean 74.9 351.8 132.3 106.0 Total since January 1 341.2 693.0 825.3 1,173.5 ---------------------------------------------------------------------- FIBER PRICES ---------------------------------------------------------------------- 2001 2000 -------------------------- Item Jun Jul Aug Aug ---------------------------------------------------------------------- Cents per pound Domestic cotton prices: Adjusted World Price 33.94 31.55 29.50 46.97 Upland spot 41-34 37.38 37.48 36.05 59.33 Pima spot 03-46 95.50 93.40 87.50 91.37 Avg. price received by: Upland producers 40.40 40.00 43.50 51.30 Mill delivered: Cotton Actual 45.06 44.83 43.83 64.60 Raw fiber equivalent 50.07 49.81 48.70 71.78 Rayon staple Actual 99.00 99.00 99.00 98.00 Raw fiber equivalent 103.13 103.13 103.13 102.08 Polyester staple Actual 62.00 62.00 62.00 58.00 Raw fiber equivalent 64.58 64.58 64.58 60.42 Price ratios Percent Cotton/rayon 48.5 48.3 47.2 70.3 Cotton/polyester 77.5 77.1 75.4 118.8 Northern Europe cotton quotes: Cents per pound A Index 47.33 45.55 43.31 60.93 Memphis Territory 51.44 50.56 51.25 67.95 California/Arizona 50.31 49.94 52.00 70.10 B Index 45.48 44.20 42.10 NQ Orleans/Texas 42.81 42.50 42.65 62.60 Wool prices (clean): Dollars per pound U.S. 56's 0.67 0.67 0.67 0.55 Australian 56's 1/ 1.40 1.42 1.60 1.29 U.S. 60's 0.95 0.92 0.96 0.77 Australian 60's 1/ 1.59 1.63 1.70 1.38 U.S. 64's 1.25 1.27 1.22 1.20 Australian 64's 1/ 1.66 1.67 1.72 1.51 ---------------------------------------------------------------------- NQ = No quotes. NA = Not available. 1/ In bond, Charleston, SC. TEXTILE TRADE ---------------------------------------------------------------------- 2001 2000 ---------------------------- Item Apr May Jun Jun ---------------------------------------------------------------------- Imports: 1,000 pounds 1/ Yarn, thread, and fabric 259,723 257,994 245,445 270,875 Cotton 112,940 118,631 107,320 120,548 Linen 27,846 15,944 22,126 14,933 Wool 2,860 2,975 2,611 5,071 Silk 715 791 699 1,028 Manmade 115,362 119,653 112,689 129,295 Apparel 569,201 724,085 817,426 831,068 Cotton 391,088 460,526 504,040 513,042 Linen 15,405 16,878 20,653 19,474 Wool 11,080 13,911 21,275 23,828 Silk 13,815 11,264 11,075 12,282 Manmade 197,813 221,506 260,383 262,442 House furnishings 63,952 68,954 75,328 78,278 Cotton 48,216 51,740 56,585 55,703 Linen 1,191 1,441 1,591 1,329 Wool 271 361 375 349 Silk 120 150 186 146 Manmade 14,154 15,262 16,591 20,751 Floor coverings 37,988 42,261 39,900 43,598 Cotton 4,612 5,494 4,656 5,249 Linen 5,658 6,511 6,540 7,172 Wool 11,370 11,813 11,208 13,067 Silk 700 953 1,009 683 Manmade 15,648 17,490 16,492 17,427 Total imports 2/ 999,636 1,102,783 1,187,207 1,233,294 Cotton 561,471 641,391 677,230 699,352 Linen 50,155 40,839 50,957 42,954 Wool 26,458 29,737 35,729 42,527 Silk 15,350 13,158 12,971 14,141 Manmade 346,204 377,658 410,319 434,320 Exports: 1,000 pounds 1/ Yarn, thread, and fabric 235,893 248,452 240,986 247,907 Cotton 93,792 96,588 93,187 96,913 Linen 5,983 5,479 5,090 6,502 Wool 3,550 4,046 4,394 5,921 Silk 3,047 3,420 5,315 3,891 Manmade 129,521 138,919 133,000 134,680 Apparel 152,022 154,756 144,465 205,309 Cotton 85,149 87,447 83,170 127,133 Linen 1,920 1,940 2,145 2,552 Wool 10,569 10,664 8,631 10,182 Silk 5,908 5,734 3,805 5,542 Manmade 48,476 48,971 46,714 59,900 House furnishings 6,607 6,529 6,473 6,830 Cotton 4,392 4,161 4,285 4,083 Linen 119 174 181 196 Wool 69 55 58 62 Silk 84 117 94 91 Manmade 1,943 2,022 2,018 2,398 Floor coverings 30,947 34,308 30,857 36,311 Cotton 2,746 2,755 2,527 3,016 Linen 1,579 1,459 1,517 1,841 Wool 2,797 3,427 2,775 3,432 Silk 53 50 65 107 Manmade 23,772 26,617 23,973 27,915 Total exports 2/ 425,724 444,299 423,207 496,583 Cotton 186,156 191,028 183,244 231,216 Linen 9,609 9,059 8,939 11,099 Wool 17,001 18,214 15,881 19,610 Silk 9,092 9,320 9,280 9,630 Manmade 203,866 216,678 205,864 225,028 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Includes headgear. Note: Data for 2001 are preliminary and subject to revision. U.S. COTTON TEXTILE IMPORTS ---------------------------------------------------------------------- 2001 2000 ---------------------------- Item Apr May Jun Jun ---------------------------------------------------------------------- 1,000 pounds 1/ North America 238,053 278,324 267,317 290,496 Canada 23,361 24,021 20,286 22,923 Costa Rica 7,404 9,557 11,338 11,797 Dominican Republic 18,498 21,934 19,422 25,909 El Salvador 21,406 24,237 24,155 24,289 Guatemala 14,006 15,411 17,184 16,076 Haiti 3,690 3,564 3,527 4,093 Honduras 34,666 41,827 36,214 40,740 Jamaica 1,965 2,180 2,389 3,177 Mexico 108,572 129,572 127,043 134,684 Nicaragua 4,126 5,793 5,482 6,563 South America 11,171 13,080 12,536 14,838 Brazil 3,773 5,088 4,258 5,773 Chile 43 23 22 101 Colombia 3,779 3,853 3,715 3,913 Peru 2,898 3,563 3,778 4,312 Europe 41,720 44,702 51,969 51,446 Germany 1,003 997 743 548 Italy 4,170 3,554 3,506 4,557 Portugal 2,557 3,903 7,776 6,521 Russia 4,000 4,122 4,765 3,670 Spain 668 809 748 1,143 Turkey 19,743 21,737 23,261 23,827 United Kingdom 1,138 983 1,771 1,424 Uzbekistan 1,297 2,007 1,528 1,524 Asia 247,139 279,821 318,005 321,286 Bahrain 3,536 3,381 4,603 2,904 Bangladesh 16,314 21,107 24,907 23,220 Brunei 1,228 1,899 2,164 1,889 Burma 3,358 3,996 4,946 4,705 Cambodia 6,538 7,921 12,179 10,750 China 29,745 32,933 36,449 39,892 Hong Kong 23,540 28,945 32,786 34,609 India 28,331 28,939 26,811 34,758 Indonesia 11,613 14,392 17,545 15,945 Israel 3,604 4,069 4,133 4,296 Japan 1,516 1,457 1,551 1,437 Macao 3,813 5,553 7,822 7,178 Malaysia 4,645 6,205 6,798 7,243 Nepal 2,522 1,674 1,889 2,280 Oman 1,872 1,799 1,864 1,970 Pakistan 43,025 49,357 54,095 48,897 Philippines 8,677 9,547 12,096 12,401 Qatar 1,495 1,073 1,474 1,692 Singapore 1,728 1,721 2,833 2,713 South Korea 9,652 11,331 11,553 12,066 Sri Lanka 7,259 7,206 9,605 8,312 Taiwan 11,453 12,701 13,389 15,766 Thailand 11,497 11,752 14,691 15,690 U Arab Em 3,976 3,742 3,575 3,843 Vietnam 1,327 1,320 1,239 1,874 Oceania 3,168 3,200 3,113 1,709 Australia 1,691 1,881 2,206 636 Africa 20,220 22,265 24,290 19,577 Egypt 9,736 8,956 9,972 7,997 Lesotho 2,405 3,389 3,193 2,546 Mauritius 1,496 1,900 2,846 2,625 Morocco 1,017 1,614 1,357 1,192 South Africa 2,202 3,192 2,698 2,484 World 2/ 561,471 641,391 677,230 699,352 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Totals may not add due to rounding. Note: Data for 2001 are preliminary and subject to revision. U.S. COTTON TEXTILE EXPORTS ---------------------------------------------------------------------- 2001 2000 --------------------------- Country Apr May Jun Jun ---------------------------------------------------------------------- 1,000 pounds 1/ North America 168,282 173,031 167,698 211,394 Bahamas 102 87 75 100 Belize 46 76 49 123 Canada 27,470 28,005 25,003 29,700 Costa Rica 6,651 7,287 9,154 12,909 Dominican Republic 14,865 15,697 16,707 19,536 El Salvador 12,545 12,864 11,240 15,742 Guatemala 5,248 4,865 4,025 3,005 Haiti 2,267 3,754 3,460 3,918 Honduras 25,205 24,940 25,965 30,506 Jamaica 1,746 2,233 2,388 3,176 Mexico 71,153 72,651 68,245 91,117 Nicaragua 369 365 775 967 Panama 268 159 276 332 South America 3,553 3,951 3,276 3,976 Argentina 82 145 79 103 Brazil 676 546 524 556 Chile 295 369 337 638 Colombia 1,273 1,234 1,057 1,410 Ecuador 169 222 247 92 Peru 160 102 56 52 Venezuela 737 1,149 869 917 Europe 5,714 6,452 5,174 7,089 Belgium 2,014 2,653 1,666 2,428 France 262 351 322 718 Germany 685 454 489 656 Ireland 94 80 101 152 Italy 465 524 209 453 Netherlands 292 385 351 459 Poland 7 55 51 100 Spain 110 80 73 85 Turkey 40 38 178 95 United Kingdom 1,168 1,132 1,165 1,435 Asia 7,338 6,414 5,933 7,499 China 310 349 402 405 Hong Kong 738 687 731 924 Israel 278 397 551 302 Japan 2,499 2,238 1,960 2,986 Malaysia 49 45 80 108 Philippines 267 441 217 503 Saudi Arabia 297 439 352 362 Singapore 320 242 294 295 South Korea 336 220 297 285 Sri Lanka 149 90 123 288 Taiwan 202 198 145 184 U Arab Em 240 135 147 124 Oceania 603 587 496 732 Australia 484 476 413 564 Africa 666 593 668 526 Ivory Coast 71 28 18 2 Morocco 145 94 103 164 Nigeria 69 177 236 81 South Africa 121 59 153 53 World 2/ 186,156 191,028 183,244 231,216 ---------------------------------------------------------------------- 1/ Raw fiber equivalent. 2/ Totals may not add due to rounding. Note: Data for 2001 are preliminary and subject to revision. ACREAGE, YIELD, AND PRODUCTION ESTIMATES FOR 2001 ------------------------------------------------------------------- State/ Region Harvested Yield Production ------------------------------------------------------------------- Lbs./ 1,000 acres harvested acre 1,000 bales Upland: Alabama 605 742 935 Georgia 1,490 680 2,110 N. Carolina 975 729 1,480 S. Carolina 296 649 400 Virginia 104 743 161 Southeast 3,470 704 5,086 Arkansas 1,080 720 1,620 Louisiana 855 685 1,220 Mississippi 1,630 757 2,570 Missouri 395 681 560 Tennessee 605 651 820 Delta 4,565 714 6,790 Oklahoma 200 504 210 Texas 4,500 469 4,400 Southwest 4,700 471 4,610 Arizona 278 1,260 730 California 655 1,356 1,850 New Mexico 70 789 115 West 1,003 1,290 2,695 Other 1/ 161 584 196 Total Upland 13,899 669 19,377 Pima: Arizona 6 960 12 California 209 1,286 560 New Mexico 7 686 10 Texas 17 932 33 Total Pima 239 1,235 615 Total All 14,138 679 19,992 ------------------------------------------------------------------- Based on USDA's September Crop Production report. 1/ Includes Florida and Kansas. END_OF_FILE