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Cotton Market Basics and 2024/25 Outlook

Following recent client requests, WPI provides the following overview of the cotton market, its basic structure and recent trends, and a short outlook for MY 2024/25.  Cotton Production  World cotton production is highly concentrated with four countries (China, India, Brazil, and the U.S.) accounting for 71 percent of total production. Pakistan and Australia are the next largest producers but their contribution to the market tends to adjust supplies on the margin rather than provide major directional influences. The world’s largest producers, China and India, account for about 45 percent of global cotton output. China and India are also the two largest users of cotton, though China’s industry for refining cotton and...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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