“The global outlook for cotton remains less optimistic as a result of a weaker global economy in the years ahead as advanced countries continue to work on narrowing current output gaps and deficits,” said Darren Hudson, director of the institute.
Meanwhile U.S. growth is expected to slow; from 2.1 percent last year to 1.8 percent this year amid a large output gap emerging from a series of global financial calamities dating back to 2008.
In terms of cotton production, Hudson said productivity gains have slowed for the time being, and yield growth is projected to decelerate. In the absence of new yield-enhancing technologies and flat acreage, Hudson said cotton production growth is lower than the long-term average.
There is a positive aspect, though. Looking out a decade, Hudson said, world cotton production is projected to increase from 118 million bales to around 138 million bales. The leading producers of cotton are projected to be India (26 percent), China (23 percent), United States (12 percent), Pakistan (9 percent) and Brazil (6 percent).
Separately, annual forecasts released by the institute show that cotton mill use is projected to grow by about 32 million bales over the next 10 years. Mill use is projected to remain concentrated in Asia.
Find Texas Tech news, experts and story ideas at www.media.ttu.edu and on Twitter @TexasTechMedia.
CONTACT: Norman Martin, unit coordinator, College of Agricultural Sciences & Natural Resources, Texas Tech University, (806) 742-2802 or email@example.com
Norman Martin | Newswise
Corporate coworking as a driver of innovation
22.11.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO
Mathematical confirmation: Rewiring financial networks reduces systemic risk
22.06.2017 | International Institute for Applied Systems Analysis (IIASA)
DNA molecules that follow specific instructions could offer more precise molecular control of synthetic chemical systems, a discovery that opens the door for engineers to create molecular machines with new and complex behaviors.
Researchers have created chemical amplifiers and a chemical oscillator using a systematic method that has the potential to embed sophisticated circuit...
MPQ scientists achieve long storage times for photonic quantum bits which break the lower bound for direct teleportation in a global quantum network.
Concerning the development of quantum memories for the realization of global quantum networks, scientists of the Quantum Dynamics Division led by Professor...
Researchers have developed a water cloaking concept based on electromagnetic forces that could eliminate an object's wake, greatly reducing its drag while...
Tiny pores at a cell's entryway act as miniature bouncers, letting in some electrically charged atoms--ions--but blocking others. Operating as exquisitely sensitive filters, these "ion channels" play a critical role in biological functions such as muscle contraction and the firing of brain cells.
To rapidly transport the right ions through the cell membrane, the tiny channels rely on a complex interplay between the ions and surrounding molecules,...
The miniaturization of the current technology of storage media is hindered by fundamental limits of quantum mechanics. A new approach consists in using so-called spin-crossover molecules as the smallest possible storage unit. Similar to normal hard drives, these special molecules can save information via their magnetic state. A research team from Kiel University has now managed to successfully place a new class of spin-crossover molecules onto a surface and to improve the molecule’s storage capacity. The storage density of conventional hard drives could therefore theoretically be increased by more than one hundred fold. The study has been published in the scientific journal Nano Letters.
Over the past few years, the building blocks of storage media have gotten ever smaller. But further miniaturization of the current technology is hindered by...
11.12.2017 | Event News
08.12.2017 | Event News
07.12.2017 | Event News
15.12.2017 | Power and Electrical Engineering
15.12.2017 | Materials Sciences
15.12.2017 | Life Sciences