ABRAPA: 95% of the 2020/21 cotton crop has been processed

Cotton processing in the 2020/21 crop advanced 7 percentage points in seven days and reached 95% of estimated production on Thursday, according to a weekly bulletin from ABRAPA (the Brazilian association of cotton producers).

The states that have not yet concluded the processing are: Minas Gerais (99%), Mato Grosso (96%), Bahia (93.5%), Tocantins (93.5%), and Maranhão (74%).

Exports involving fiber from the 2020/21 crop totaled 142,700 tons in the first three weeks of November, according to ABRAPA. The export daily average is 28% lower than the same period last year.

See below a history of Brazilian cotton exports since 2019. Data are from DataLiner:

Brazilian Cotton Exports (HS 5201) | Jan 2019 to Oct 2021 | WTMT

Source: DataLiner (click here to request a demo)

As for the planting of cotton for the 2021/22 crop, ABRAPA informed that sowing is being “intensified” in the coming weeks with the end of the fallow period in Bahia, where planting has been allowed since November 21st.

In the southern region and in the Vale do Araguaia de Mato Grosso, the fallow period ends on November 30, while in the northern and western regions of the state, it lasts until December 14th.

The association foresees the cultivation of 1.53 million hectares of cotton in the 2021/22 harvest, with an estimated production of 2.79 million tons of fiber.

Source: Money Times

To read the full original article, visit the link: https://www.moneytimes.com.br/95-da-safra-2020-21-de-algodao-foi-beneficiada-diz-abrapa/

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