Cotton Futures at 8-Month Lows

2025-11-17 17:02 By Luisa Carvalho 1 min. read

Cotton futures extended their downward trend to trade around 62.4 cents per pound, the lowest level since March, pressured by an uptick in the US dollar and forecasts of ample supply.

The USDA’s November 2025 World Agricultural Supply and Demand Estimates (WASDE) raised the forecast for US production by 900,000 bales to 14.1 million compared to September, citing higher expected yields across most states and increasing the projected national average yield almost 7% to 919 pounds per harvested acre.

The export forecast was also lifted 200,000 bales to 12.2 million.

Global cotton production is now forecast 2.4 million bales higher with increases of 1 million bales in China, about 900,000 bales in the United States, and 500,000 bales in Brazil.

Meanwhile, global consumption was raised by 50,000 bales.



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