US Department Of Agriculture Is Expected To Adjust Cotton Supply And Demand Slightly.

According to New York's April 7th report, the US Department of agriculture (USDA) is not expected to make a significant impact on cotton production in 2008/09 this week.

Because the focus has shifted to next crop.

The US Department of agriculture will announce the April supply and demand report on Thursday at 8:30 a.m. EDT (1230 GMT).

Flanagan Trading Corp said in the daily review: "we expect that the US and global cotton supply and demand data will not change much in this report."

First Capitol Group's cotton expert Sharon Johnson said in its report, May

The data will contain USDA's first estimate for the 2009/10 market year (August /7 month).

Unlike the past couple of months.

The forecast has been drastically adjusted. "This month's report will be mild and relatively stable," she said.

The focus of the market has shifted to the growth of crops in 2009/10, especially in 2009, estimated in 2009.

The sown area is higher than the expected 8 million 812 thousand acres.

Although USDA will announce the first estimate of its 2009/10 supply in the May report, a more detailed estimate will not be available until August, when the next market year begins.

USDA will publish the actual cotton planting area in the June 30th planting report.

Editor in chief: Wang Xiaonan