Global cotton production to be lower in 2015-16

World cotton production has followed global cotton prices lower, with a fourth consecutive crop decline this season. Harvested area is estimated at 30.9 million hectares, the lowest since 2009-10. The global yield is projected at 702 kg/hectare, compared with 762 kg/hectare last season and 2013-14’s record of 799 kg/hectare.USDA’s April decrease of 420,000 bales in the 2015-16 world product…

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