USDA projects India’s cotton production to rise to 29.5 million bales in 2019-20; pegs soybean crop at 11 million tonnes

The United States Department of Agriculture (USDA) forecasts India’s cotton production for 2019/20 at 29.5 million 480-pound bales, up nearly 2 per cent from last month and up 11 per cent from the previous year. The increase is based on improved weather conditions in the major cotton areas of Gujarat and Maharashtra. Harvested area is […]

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USDA lowers India’s oilmeal export forecast by 6.2% between Nov 2018- Oct 2019

After discounting availability of soybeans and considering strong domestic demand for animal feed, the out-year Indian oilmeal export forecast is lowered 6.2 percent to 3 million tonnes, as per the latest update from United States Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS). The export basket will include 2 million tonnes of soymeal, a little […]

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World Soybean demand may rise 1% to 148.86 million tonnes in 2019-20: USDA

World soybean demand in 2019-20 marketing year (October-September) is projected at 148.86 million tonnes, up 1 per cent year on year, due to increased Chinese purchases, according to the latest report by the US Department of Agriculture (USDA). The world’s top soybean importer, China is expected to buy 85 million tonnes of soybeans in 2019-20, […]

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USDA cuts India’s 2019-20 cotton output estimate to 29 million bales; Cotton textile exports decline 30.4% in June 2019

Indian cotton production for the 2019-20 season is estimated to be at 29 million 480 pound bales, the U.S. Department of Agriculture (USDA) attache in New Delhi said in a report, down 1 per cent from earlier estimates. The production decline is the result of reduced plantings in central Maharashtra, where farmers are shifting towards […]

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