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Smaller Cotton harvest in India
WASHINGTON - Mar 1/06 - SNS -- India's cotton harvest is expected to slip in 2005-06 to around 23.5 million 170 kilogram bales, believes the U.S, agricultural attache for the country.
The reduced estimate reflects lower than expected market arrivals, particularly in Maharashtra and southern states. Market sources report that heavy rains during October and November in these states caused more damage to the crop than earlier anticipated.
Industry production estimates currently range from 23.0 to 24.0 million bales. However, the Cotton Advisory Board's production estimate of December 7, 2005, remains unchanged at 24.23 million bales.
All India market arrivals through February 18, 2006, are estimated at 16.7 million bales compared to 17.8 million bales for the comparable period last year.
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