# Cotton prices rise despite smaller reduction in projected global stocks: USDA - Grain Central

> Cotton prices, measured by the A-Index and New York futures, have rallied above $1.00 per pound and the A-Index reached nearly $1.30, a 10-year high. USDA's October and November forecasts show smaller cuts to world stocks because of higher production in Brazil, Australia, Pakistan and Turkey. Lower use in China and Vietnam also left ending stocks higher than previously expected.

- Date: 2021-11-11 · published 2021-11-11T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/44184-cotton-prices-rise-despite-smaller-reduction-in-projected-global-stocks-usda
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Cotton prices are rising even though global stocks are less tight than earlier forecasts, which signals firm cotton values. The effect on animal feed is limited, mainly through cottonseed meal.

## Sources

- graincentral.com: https://www.graincentral.com/markets/cotton-prices-rise-despite-smaller-reduction-in-projected-global-stocks-usda/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.