Sharp drop in southern hemisphere cotton production
03/12/2014
In 2014/15, world production is projected to remain stable at 26.2 million tons despite a 3% increase in area to 33.7 million hectares. Northern hemisphere production is projected to increase 2% to 23 million tons with lower yields offsetting the 4% gain in area. In contrast, the Southern Hemisphere is forecast down 12% to 3 million hectares,...