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2011 cotton crop is
expected to average 3.700 kg (8,140 lbs) p/hectare; an increase of 1.8%. |
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Cotton Price:
Producer
(ave price) |
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Cotton Price:
8 & 30 days |
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16 Nov |
 Fertilizer
Cost
for cotton Increase
During 2011 there was a movement of recovery for most of the
fertilizers used in cotton. This increase in input prices was driven
by the improvement of commodity prices from the first semester.
According to a survey conducted in October by the IMEA, fertilizers
07:40:00, urea and KCL adjustment over the previous month of -0.2%,
1.4% and 1.4% respectively.
With the increase of market demand in the range of inputs over the
12 months was 34.1% for potassium chloride, 36.9% for urea and 21.4%
for the formulated 07:40:00. The increases of fertilizers observed
from July 2011 is the result of the sharp rise of the dollar, which
jumped from R$ 1.56 to $ 1.77 in October; increase of 13.4%.
source:
IMEA via AgroLinks |
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1 Nov |
 Situational trades push
down quotes
Liquidity
in the Brazilian cotton market increased slightly in late October.
However, most trades involved small volumes. Purchasers, who had low
stocks or did not have product to receive in the short-term, were
willing to trade. Consequently, cotton prices kept their downturn in
Brazil in October.
The CEPEA/ESALQ Index for cotton type 41-4 (delivered in São Paulo
city, payment in 8 days) dropped 8.8% in the accumulated of the
month (between Sept. 30 to Oct. 31), and closed at 1.6762 real or
0.9894 dollar per pound on Oct. 31.
In general terms, buyers did not seem to be concerned about
supplies of the raw material because of the record production this
year and the fact that there is still a good volume to trade –
roughly 40% of the production, according to BBM (Brazilian Commodity
Exchange).
In Brazil and in the world, agents wonder when buyers will
effectively return to the market to buy more expressive volumes.
The USDA forecast that the world cotton production might reach a
record of 27.04 million tons in the 2011/12 crop, an increase of 8%
in relation to the previous season. Demand, on the other hand, might
be stable in the 2011/12 season, estimated to have been 24.9 million tons.
source:
Cepea – Brazil |
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28 Oct |
 Mato
Grosso is Brazil's Leading Cotton Producer
Mato Grosso is the largest producer
of cotton in Brazil. The information is confirmed by the Municipal
Agricultural Production - Temporary and Permanent Crops 2010,
published yesterday by the Brazilian Institute of Geography and
Statistics - IBGE. The state planted 420,123 hectares and harvested
1,454,675 tons, accounting for 49.3% of national production.
Bahia is in second place
and Goiás in the third.
Among the 20 leading municipalities, 12 are Mato Grosso.
The national champion was the municipality of São Desiderio
(BA), which planted 118,793 hectares and harvested 463,562 tons.
Second is Sapezal, (MT) with 52.256 ha and 189.922 tons.
The survey mentions that "in 2010, State of Mato Grosso, an increase
of the area have been consolidated by the culture of" reverse
harvest "where the producer planted cotton in dense spacing and late
(after soybean cultivation ). The expected reduction of the cost /
benefit is the reason for the success of this practice in the state,
despite increasing climate risk in late harvesting. In 2010, this
practice resulted in a decrease of 12.7% in the average income of
the state compared to 2009. "
source:
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4 Oct |
Liquidity still low
in Brazil due to international scenario
 In
late September, liquidity remained low in the Brazilian cotton
market, as a result of price oscillations in the international
market and of the exchange rate. Exports were still more profitable;
however, uncertainties in the international market have brought
concerns to the sector.
Trades in the cotton market have kept the sluggish pace for months.
Price oscillations after the record high in the first trimester of
2011 have refrained purchasers, mainly, in the spot market.
However, in late September, cotton quotes in the Brazilian market
upped, influenced by higher price levels in the international market
in relation to August and by the devaluation of real against the
dollar. The CEPEA/ESALQ Index for cotton type 41-4 (delivered in São
Paulo city, payment in 8 days) upped 1.84% in the accumulated of the
month (between Aug. 31 to Sept. 30), and closed at 1.8378 real or
0.9775 dollar per pound on Sept. 30.
For the 2011/12 season, Icac (International Cotton Advisory
Committee) indicates that world imports of cotton will grow 4%, to 8
million tons. Brazil and Australia may step up exports due to a
sharp increase in their production.
Considering the 2010/11 crop, Conab (National Company for Food
Supply) indicated, on Sept. 9, that the area is 1.4 million
hectares, 67.6% larger when compared to the last year's crop. The
yield forecast is 1,398 kilos per hectare, 2.2% lower than in the
2009/10 season. As a result, the Brazilian production might increase
64%, to 1.96 million tons.
source:
Cepea – Brazil |
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06 Sept
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Cotton
crop is 94% Harvested in Mato Grosso
 The
cotton crop in Mato Grosso is 94% harvested as
registered by the Institute of Mato Grosso of
Agricultural Economics (IMEA) last week. In
comparison with the previous week, the process has
advanced at least 3%. This crop had a total of
723,600 hectares planted.
Cotton
for the 2010/11 crop should be 56% higher than that
registered last season both in seed and cotton. In
figures: in 2009/10 farmers harvested 1.4 million tons
(seed), this year's estimated production is 2.2
million. The last harvest produced 560,300 tons of
Lint, while in the current crop is expected to produce
873,900 tons.
source: So Noticias
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