US Cotton Area Report Is Ready For &Nbsp; Market Turbulence Waits.

The last working day of March every year in the United States

1. USDA reports on two important areas in a year.

At present, USDA has two important area forecast reports in a year, including the report of planting intention published on the last working day of March, and the actual sowing area report issued on the last working day in June.

Two, March 2010/11 forecast report and actual area report data review.

According to USDA's March 31, 2010 cotton planting intentions forecast, the US cotton planting area in 2010/2011 is expected to grow to 10 million 505 thousand acres, an increase of 14.8% over the previous year, including 10 million 315 thousand acres of upland cotton and 190 thousand acres of Pima cotton, which increased by 14.5% and 34.1% respectively.

According to the USDA2010 report of June, the cotton planting area in the United States reached 10 million 909 thousand acres in 2010/11, an increase of 19% over the 9 million 150 thousand acres in 2009/10, an increase of 404 thousand acres over the 10 million 505 thousand acre in March.

Among them, the area of Upland Cotton reached 10 million 700 thousand acres, an increase of 18.9% over the previous year, 385 thousand acres higher than in March, and 209 thousand acres of Pima cotton, an increase of 47.8% over the same period last year, an increase of 19 thousand acres compared with March.

Three, the past years' intention report and actual seeding situation review.

For many years, USDA is scheduled to publish the next year's US cotton planting intention forecast on the last trading day of March.

According to the comparative analysis, the annual prediction area of the report and the actual planting area of the United States cotton are mainly concentrated in the 600 thousand acre area.

Four, the performance of ICE cotton futures market since March.

After entering January 2011, the market continued to rise, the May contract broke through 150 cents, 180 cents, February after challenging 200 cents, after sorting out, the beginning of March broke successfully, the international cotton spot price rise fell, the period price basis narrowed.

With the release date of the US cotton planting intentions report approaching next year, traders took the initiative to adjust their positions positively. In May, the contract fluctuated at 200 cents. In December, the contract was better than the sales of forward cotton and was stable at 120 cents.

The market usually makes a clear response after the report comes out, mainly depending on whether the forecast result is in line with the market's anticipated anticipation.

Five, the expected sound of the market.

According to NCC's US cotton planting intention survey, the US cotton planting area in 2011 is expected to reach 12 million 500 thousand acres, an increase of 14% over the 2010 year.

Among them, the area of upland cotton will reach 12 million 300 thousand acres, 14% higher than that in 10, and the area of long staple cotton is 251 thousand acres, a significant increase of 23%.

This is the result of the 4-6 annual meeting of the American Cotton Association on February.

In February, the USDA's 2011 cotton Outlook Forum was held in February. USDA expects us cotton planting area to grow 13 million acres in 2011/12, an increase of 18.2% over the same period, and the estimated harvest area is 11 million 600 thousand acres.

If the output is 810 pounds per mu (60.75 kg / mu), the total output will reach 19 million 500 thousand packages (4 million 246 thousand tons), an increase of 6.6% over the same period.

According to Reuters, 2011/12 cotton cultivation will reach 13 million 200 thousand acres in, an increase of 21% over that of the year.

According to Bloomberg estimates, 2011/12 cotton cultivation will reach 13 million 136 thousand acres in the year of 20.4% compared with 2011/12.

According to the US forecast agency Informa, the 2011/12 cotton planting in the United States will reach 1321-1324 million acres, an increase of about 21%.