Related Keywords: China, Cotton Association of India, cotton bales, cotton farmers, cotton harvest, Cotton Textiles Export Promotion Council, global cotton market, India cotton industry, stockpiled cotton
India likely to harvest 40 million cotton bales this year once harvesting begins next month, which will be 8% higher than a year earlier and the highest harvest on record.
Lower-than-normal monsoon rains early in the June-through-September rainy season convinced many farmers to switch to planting cotton, which needs less water to grow. But the rains returned late in the season so now India is likely to have a bumper crop.
