PAKISTAN'S COTTON PRODUCTION SEEN RISING 18% IN 2021/22 -USDA

PAKISTAN'S COTTON PRODUCTION SEEN RISING 18% IN 2021/22 -USDA

April 7 (Reuters) - Following are selected highlights from a report issued on Wednesday by the U.S. Department of Agriculture's Foreign Agricultural Service post in Islamabad:

"Pakistan's cotton production for marketing year 2021/22 is forecast at 5.3 million 480-pound (lb) bales, up 18 percent from the revised 2020/21 estimate, due to availability of new seed varieties, better pest and disease management, and government support."

"Pakistan's cotton output still remains at historic lows, but to keep its textile mills humming it will continue to import large volumes of cotton. Marketing year 2021/22 imports are forecast to remain constant at 5.0 million 480-lb bales. Textile mill consumption is forecast slightly higher at 10.3 million bales, due to brisk milling activity undergirded by strong government support policies for the country's important textile industry."

To read the full report, click: https://bit.ly/3fRry9y (Reporting by Marcelo Teixeira; Editing by Christopher Cushing)


Πηγή: agriculture.com
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