Market Survey: US Department Of Agriculture Is Expected To Raise 08-09, US Output And World Production And Consumption.

Analysts who took part in the Dow Jones media survey said that the higher cotton production per unit than expected would result in the US Department of agriculture's 2008/09 report on improving US cotton output in Tuesday's report. However, world production is expected to be down because of bad weather and competition from competing crops.

The US Department of agriculture will release its output and supply and demand report on Tuesday morning.

Analysts expect the US Department of agriculture to increase its US export forecasts and final inventory estimates, but will reduce global cotton consumption estimates.

Analysts believe that in 2008-09, the average output of the United States was 14 million 40 thousand packs, slightly higher than the 14 million package reported in July.

In the southeastern region, Dezhou, Oklahoma and Kansas, cotton grows well and yields higher yields, which may make up for the slight loss of output in the central and southern regions.

However, some analysts believe that the weather is dry and the planting time is delayed, which reduces the cotton planting area and output.

The average cotton export forecast in the United States is 14 million 520 thousand bales, slightly higher than the 14 million package reported in July.

The United States has a large stock of cotton, which may enter the export channels, reduce world production, and compete for higher crop prices, reducing the world's cotton planting area.

Many analysts expect that the US Department of agriculture will not adjust its exports of cotton from 2008-09 to 14 million 500 thousand bales.

The slowdown in world economic development may inhibit US cotton exports.

Analysts expect US stocks to rise to 5 million 600 thousand bales in 2008-09, up from 5 million 300 thousand packages reported in July.

The US Department of agriculture will first release the US cotton harvest area estimate for 2008-09, and for the first time released the US planting area amendment after the June report.

Many analysts expect the US Department of agriculture to estimate US cotton planting area of 9 million 246 thousand acres, as reported in June.

Future reports may reduce planting area.

Analysts say the planting area will be reduced, which is only a matter of time.

The market will observe the world output and consumption data.

Analysts expect that global cotton output and consumption will be cut in 2008-09.

2008-09 the world's cotton planting area is expected to shrink because growers are more willing to grow higher priced crops such as corn, soybeans and wheat.

In the July report, the US Department of agriculture estimated that world production was 114 million 940 thousand bales.

The India government reported on Friday that from June 1st to August 8, the cotton planting area in India has been 8 million 100 thousand hectares, down from 9 million hectares last year.

Precipitation is scarce in the early rainy season of India, affecting the production of cotton and other crops in India.

In the week ending August 6th, the precipitation in India increased by 7% compared with the normal value.

The rainy season will continue until September. More than 60% of the non irrigated cotton fields in the country will depend on the weather.

Analysts expect the US Department of agriculture to report Tuesday that it will modify global cotton consumption as economic development continues to slow down.

The US Department of agriculture's July report estimates that world consumption is 125 million 910 thousand packs.

World consumption may be modulated by 120 million packages, compared with a report of 125 million 910 thousand in July.

Analysts estimate that the US Department of agriculture will adjust the world cotton consumption from 2008-09 to 125 million bales.

The US Department of agriculture may reduce the world's cotton consumption slightly by month, rather than slashing it in a single report.