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The 2026/27 USDA cotton outlook cuts US cotton production by 267,000 bales to 13.18 million bales on lower yields, mainly in the Southwest, and reduces US consumption by 100,000 bales. Global production falls by over 470,000 bales to 117.5 million bales, while global consumption drops by 335,000 bales to 122.7 million.
Lower production offers some price support, but the bigger downward revisions to consumption point to weak mill demand, which limits how far cotton prices can rise and reduces demand for cottonseed meal in feed markets.
investmentguruindia.comNov 11, 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.
