Brazil produces a bigger cotton crop than the US
The cotton industry in Brazil is celebrating projections that the country’s cotton crop for 2023-2024 will be 14.6 million bales, a new record and an increase of 23.7% compared to the previous year.
This makes Brazil the third-largest producer of cotton at the moment, behind China and India. The US Department of Agriculture (USDA) estimated in a mid-February report that China’s crop for 2023-2024 will be 27.5 million bales, while India’s will be 25 million.