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USDA's November forecasts put 2026-27 world cotton consumption at 122.75 million bales against production of 117.48 million, with ending stocks falling from 75.64 to 70.57 million bales. Bangladesh's cotton consumption and imports were revised down due to energy shortages disrupting spinning mills.
A projected 15-year low in cotton stocks could support cotton prices and reduce availability of whole cottonseed and cottonseed meal for feed. The Bangladesh demand cut partly offsets the supply tightness.
tob.newsTIMES ReportNov 14, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
