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On April 16, 2021, the Government of Turkey (GoT) removed the three percent anti-dumping duty on U.S. cotton.
The lack of alternative crops keeps Spanish cotton area highly inelastic. Despite good price expectations, tight water supplies in the Guadalquivir river basin and lower cotton specific payments may prevent Spanish cotton acreage from expanding...
Turkish cotton planting area and production for Marketing Year (MY) 2021/22 is projected to be about 450,000 hectares and 740,000 metric tons (MT) (3.4 million bales).
In MY 2020/21, cotton production is estimated at 1.4 million 480 lb. bales, down 16.4 percent from the previous season due to a decrease in area planted, unfavorable weather conditions during harvest, and average yields.
The 2020 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. This summary lists only the United States’ primary trading partners.
The lack of alternative crops keeps Spanish cotton area highly inelastic.