Australia to Post Significant Gain in Cotton Production

Bloomberg

Elizabeth Campbell

Australia’s cotton output will jump by a third as the nation recovers from a drought, a unit of the U.S. Department of Agriculture said.

Production will climb to 2 million bales in the year starting on August 1 from an estimated 1.5 million in the previous 12 months, the USDA’s Foreign Agricultural Service said in a report on its Web site.

The U.S. is the world’s largest cotton exporter, followed by India, Brazil, Uzbekistan and Australia, USDA data show. A bale weighs 480 pounds, or 218 kilograms.

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