# Global cotton prices remain subdued as USDA trims 2026-27 forecasts

> Global cotton benchmarks were flat to slightly lower in November, with December NY/ICE falling below 80 cents/lb while March traded near 82 cents/lb. USDA cut 2026-27 world cotton output by 472,000 bales to 117.5 million and mill use by 335,000 bales to 122.7 million.

- Date: 2026-11-12 · published 2026-11-12T09:08:58.759Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/95254-global-cotton-prices-remain-subdued-as-usda-trims-2026-27-forecasts
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Whole Cottonseed](https://feedsoft.ai/c/WCOTTONSEED.md)

## Why it matters

Lower projected world output and mill use partly offset weak spot prices, leaving cotton prices soft; China tariff and reserve-buying signals remain the main swing factor for feed-meal byproduct supply such as cottonseed meal.

## Read by commodity

- CSM: neutral
- WCOTTONSEED: neutral

## Sources

- fibre2fashion.com: https://www.fibre2fashion.com/news/cotton-news/global-cotton-prices-remain-subdued-as-usda-trims-2026-27-forecasts-314944-newsdetails.htm?amp=true

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