USDA - India Cotton Production Update July 2018
Post lowered its MY 2018/19 area and production forecast to 11.8 million hectares and 28.5 million 480 lb. bales. The delay in monsoon rains in Central India and the continued risk of pest pressure prompted farmers to shift to alternative crops in cotton growing states. Optimistic weather forecasts for the second half of the southwest monsoon may improve prospects of higher cotton yields.
Area and Production:
Post has reduced the MY 2018/19 cotton area forecast to 11.8 million hectares, 100,000 hectares lower than the official USDA estimate. The reduction in area is primarily in the two major cotton growing states of Gujarat and Maharashtra. Deficit rains and pest pressures have prompted farmers to either plant alternate crops, or delay/abandon planting altogether. According to the Ministry of Agriculture and Farmers Welfare (MOAFW), planted area reached 11.26 million hectares as of August 9, 2018 compared to their final estimate of 11.71 million hectares in MY 2017/18. Although planted area is 4 percent lower than last year, it is still 2 percent higher than the 5-year average of 11.05 million hectares..