WASDE: U.S. Cotton Supply & Demand Projections Unchanged From Last Month

COTTON: The 2015/16 U.S. cotton supply and demand projections are unchanged from last month. The 2014/15 U.S. balance sheet is also unchanged, except that the estimated marketing year average price received by producers is raised 0.5 cents to 60.5 cents per pound. 

 

The 2015/16 world cotton supply and demand projections reflect very slight revisions, mainly marginal decreases in beginning and ending stocks. The lower stocks result from changes made in 2014/15, including a combination of lower production in India, which is based on arrivals at gins, and slightly higher India exports. Reduced stocks in India are partially offset by higher estimated stocks in China, owing to a 300,000-bale increase in estimated imports to 8.0 million bales. Minor historical revisions are made to the balance sheets for Zambia andZimbabwe. 

 

Source: USDA WASDE

Video: What’s at Stake in Every Slice | On The Brink: Episode 7

Six hundred Canadian farms grow grain for Warburton's under custom contract — and that partnership exists because of Canadian plant breeding. Now the man responsible for maintaining it is sounding the alarm.

Adam Dyck is the program manager for Warburton's Canada, a company that produces over two million loaves of bread a day for more than 20,000 retail locations across the UK. He's watched Canadian wheat deliver thirty years of yield gains and quality advancements that make it worth sourcing at scale — and shipping across the Atlantic. But he's also watching the investment conditions that produced those gains come under pressure. Dyck makes the case for a new funding mechanism that brings both public and private dollars into wheat breeding before Canada's competitive window starts to close.