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| Crop Projection Unchanged in USDA December Report In its December report, USDA projected the US ’03-04 crop to reach 18.22 million bales, unchanged from the November report. US mill use and exports are projected to reach 6.20 and 13.20 million bales, respectively, for total ’03-04 offtake of 19.40 million bales. Ending stocks are a projected 4.25 million bales, for an ending stocks-to-use ratio of 21.9%. USDA gauged ’02-03 cotton production at 17.21 million bales. Both projected mill use and exports were unchanged at 7.27 million bales and 11.90 million bales, respectively. The projected total offtake of 19.17 million bales generates an ending stocks value of 5.39 million bales, for an estimated ending stocks-to-use ratio of 28.1%. For the ’03-04 marketing year, USDA projected world production at 92.17 million bales, up 30,000 bales from the November report. World mill use was lowered 520,000 bales to 97.17 million. Consequently, world ending stocks are projected to be 32.19 million bales, for a stocks-to-use ratio of 33.1%. Expected ’02-03 world production estimates were increased 40,000 bales to 88.03 million. USDA’s beginning stocks were lowered 10,000 bales to 46.94 million bales. World supply is pegged at 134.97 million bales. Estimated world mill use was lowered 290,000 bales to 97.93 million bales. Ending stocks are now pegged at 36.87 million bales. This has a corresponding stocks-to-use ratio of 37.6%.
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| Stenholm, Cochran Express Views on CAFTA to Zoellick In its December report, USDA projected the US ’03-04 crop to reach 18.22 million bales, unchanged from the November report. US mill use and exports are projected to reach 6.20 and 13.20 million bales, respectively, for total ’03-04 offtake of 19.40 million bales. Ending stocks are a projected 4.25 million bales, for an ending stocks-to-use ratio of 21.9%. USDA gauged ’02-03 cotton production at 17.21 million bales. Both projected mill use and exports were unchanged at 7.27 million bales and 11.90 million bales, respectively. The projected total offtake of 19.17 million bales generates an ending stocks value of 5.39 million bales, for an estimated ending stocks-to-use ratio of 28.1%. For the ’03-04 marketing year, USDA projected world production at 92.17 million bales, up 30,000 bales from the November report. World mill use was lowered 520,000 bales to 97.17 million. Consequently, world ending stocks are projected to be 32.19 million bales, for a stocks-to-use ratio of 33.1%. Expected ’02-03 world production estimates were increased 40,000 bales to 88.03 million. USDA’s beginning stocks were lowered 10,000 bales to 46.94 million bales. World supply is pegged at 134.97 million bales. Estimated world mill use was lowered 290,000 bales to 97.93 million bales. Ending stocks are now pegged at 36.87 million bales. This has a corresponding stocks-to-use ratio of 37.6%.
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| ’04 Advance Direct Payment Authorized In its December report, USDA projected the US ’03-04 crop to reach 18.22 million bales, unchanged from the November report. US mill use and exports are projected to reach 6.20 and 13.20 million bales, respectively, for total ’03-04 offtake of 19.40 million bales. Ending stocks are a projected 4.25 million bales, for an ending stocks-to-use ratio of 21.9%. USDA gauged ’02-03 cotton production at 17.21 million bales. Both projected mill use and exports were unchanged at 7.27 million bales and 11.90 million bales, respectively. The projected total offtake of 19.17 million bales generates an ending stocks value of 5.39 million bales, for an estimated ending stocks-to-use ratio of 28.1%. For the ’03-04 marketing year, USDA projected world production at 92.17 million bales, up 30,000 bales from the November report. World mill use was lowered 520,000 bales to 97.17 million. Consequently, world ending stocks are projected to be 32.19 million bales, for a stocks-to-use ratio of 33.1%. Expected ’02-03 world production estimates were increased 40,000 bales to 88.03 million. USDA’s beginning stocks were lowered 10,000 bales to 46.94 million bales. World supply is pegged at 134.97 million bales. Estimated world mill use was lowered 290,000 bales to 97.93 million bales. Ending stocks are now pegged at 36.87 million bales. This has a corresponding stocks-to-use ratio of 37.6%.
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| Congress Adjourns for the Year In its December report, USDA projected the US ’03-04 crop to reach 18.22 million bales, unchanged from the November report. US mill use and exports are projected to reach 6.20 and 13.20 million bales, respectively, for total ’03-04 offtake of 19.40 million bales. Ending stocks are a projected 4.25 million bales, for an ending stocks-to-use ratio of 21.9%. USDA gauged ’02-03 cotton production at 17.21 million bales. Both projected mill use and exports were unchanged at 7.27 million bales and 11.90 million bales, respectively. The projected total offtake of 19.17 million bales generates an ending stocks value of 5.39 million bales, for an estimated ending stocks-to-use ratio of 28.1%. For the ’03-04 marketing year, USDA projected world production at 92.17 million bales, up 30,000 bales from the November report. World mill use was lowered 520,000 bales to 97.17 million. Consequently, world ending stocks are projected to be 32.19 million bales, for a stocks-to-use ratio of 33.1%. Expected ’02-03 world production estimates were increased 40,000 bales to 88.03 million. USDA’s beginning stocks were lowered 10,000 bales to 46.94 million bales. World supply is pegged at 134.97 million bales. Estimated world mill use was lowered 290,000 bales to 97.93 million bales. Ending stocks are now pegged at 36.87 million bales. This has a corresponding stocks-to-use ratio of 37.6%.
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| New APHIS Unit Will Review Environmental Effects of Biotechnology In its December report, USDA projected the US ’03-04 crop to reach 18.22 million bales, unchanged from the November report. US mill use and exports are projected to reach 6.20 and 13.20 million bales, respectively, for total ’03-04 offtake of 19.40 million bales. Ending stocks are a projected 4.25 million bales, for an ending stocks-to-use ratio of 21.9%. USDA gauged ’02-03 cotton production at 17.21 million bales. Both projected mill use and exports were unchanged at 7.27 million bales and 11.90 million bales, respectively. The projected total offtake of 19.17 million bales generates an ending stocks value of 5.39 million bales, for an estimated ending stocks-to-use ratio of 28.1%. For the ’03-04 marketing year, USDA projected world production at 92.17 million bales, up 30,000 bales from the November report. World mill use was lowered 520,000 bales to 97.17 million. Consequently, world ending stocks are projected to be 32.19 million bales, for a stocks-to-use ratio of 33.1%. Expected ’02-03 world production estimates were increased 40,000 bales to 88.03 million. USDA’s beginning stocks were lowered 10,000 bales to 46.94 million bales. World supply is pegged at 134.97 million bales. Estimated world mill use was lowered 290,000 bales to 97.93 million bales. Ending stocks are now pegged at 36.87 million bales. This has a corresponding stocks-to-use ratio of 37.6%.
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| Endangered Species Labeling Addressed at Stakeholder Meeting In its December report, USDA projected the US ’03-04 crop to reach 18.22 million bales, unchanged from the November report. US mill use and exports are projected to reach 6.20 and 13.20 million bales, respectively, for total ’03-04 offtake of 19.40 million bales. Ending stocks are a projected 4.25 million bales, for an ending stocks-to-use ratio of 21.9%. USDA gauged ’02-03 cotton production at 17.21 million bales. Both projected mill use and exports were unchanged at 7.27 million bales and 11.90 million bales, respectively. The projected total offtake of 19.17 million bales generates an ending stocks value of 5.39 million bales, for an estimated ending stocks-to-use ratio of 28.1%. For the ’03-04 marketing year, USDA projected world production at 92.17 million bales, up 30,000 bales from the November report. World mill use was lowered 520,000 bales to 97.17 million. Consequently, world ending stocks are projected to be 32.19 million bales, for a stocks-to-use ratio of 33.1%. Expected ’02-03 world production estimates were increased 40,000 bales to 88.03 million. USDA’s beginning stocks were lowered 10,000 bales to 46.94 million bales. World supply is pegged at 134.97 million bales. Estimated world mill use was lowered 290,000 bales to 97.93 million bales. Ending stocks are now pegged at 36.87 million bales. This has a corresponding stocks-to-use ratio of 37.6%.
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| NCC Past President Lon Mann Dies In its December report, USDA projected the US ’03-04 crop to reach 18.22 million bales, unchanged from the November report. US mill use and exports are projected to reach 6.20 and 13.20 million bales, respectively, for total ’03-04 offtake of 19.40 million bales. Ending stocks are a projected 4.25 million bales, for an ending stocks-to-use ratio of 21.9%. USDA gauged ’02-03 cotton production at 17.21 million bales. Both projected mill use and exports were unchanged at 7.27 million bales and 11.90 million bales, respectively. The projected total offtake of 19.17 million bales generates an ending stocks value of 5.39 million bales, for an estimated ending stocks-to-use ratio of 28.1%. For the ’03-04 marketing year, USDA projected world production at 92.17 million bales, up 30,000 bales from the November report. World mill use was lowered 520,000 bales to 97.17 million. Consequently, world ending stocks are projected to be 32.19 million bales, for a stocks-to-use ratio of 33.1%. Expected ’02-03 world production estimates were increased 40,000 bales to 88.03 million. USDA’s beginning stocks were lowered 10,000 bales to 46.94 million bales. World supply is pegged at 134.97 million bales. Estimated world mill use was lowered 290,000 bales to 97.93 million bales. Ending stocks are now pegged at 36.87 million bales. This has a corresponding stocks-to-use ratio of 37.6%.
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| Export Sales for Week Ending Dec. 4 In its December report, USDA projected the US ’03-04 crop to reach 18.22 million bales, unchanged from the November report. US mill use and exports are projected to reach 6.20 and 13.20 million bales, respectively, for total ’03-04 offtake of 19.40 million bales. Ending stocks are a projected 4.25 million bales, for an ending stocks-to-use ratio of 21.9%. USDA gauged ’02-03 cotton production at 17.21 million bales. Both projected mill use and exports were unchanged at 7.27 million bales and 11.90 million bales, respectively. The projected total offtake of 19.17 million bales generates an ending stocks value of 5.39 million bales, for an estimated ending stocks-to-use ratio of 28.1%. For the ’03-04 marketing year, USDA projected world production at 92.17 million bales, up 30,000 bales from the November report. World mill use was lowered 520,000 bales to 97.17 million. Consequently, world ending stocks are projected to be 32.19 million bales, for a stocks-to-use ratio of 33.1%. Expected ’02-03 world production estimates were increased 40,000 bales to 88.03 million. USDA’s beginning stocks were lowered 10,000 bales to 46.94 million bales. World supply is pegged at 134.97 million bales. Estimated world mill use was lowered 290,000 bales to 97.93 million bales. Ending stocks are now pegged at 36.87 million bales. This has a corresponding stocks-to-use ratio of 37.6%.
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| Prices Effective December 12-18, 2003 In its December report, USDA projected the US ’03-04 crop to reach 18.22 million bales, unchanged from the November report. US mill use and exports are projected to reach 6.20 and 13.20 million bales, respectively, for total ’03-04 offtake of 19.40 million bales. Ending stocks are a projected 4.25 million bales, for an ending stocks-to-use ratio of 21.9%. USDA gauged ’02-03 cotton production at 17.21 million bales. Both projected mill use and exports were unchanged at 7.27 million bales and 11.90 million bales, respectively. The projected total offtake of 19.17 million bales generates an ending stocks value of 5.39 million bales, for an estimated ending stocks-to-use ratio of 28.1%. For the ’03-04 marketing year, USDA projected world production at 92.17 million bales, up 30,000 bales from the November report. World mill use was lowered 520,000 bales to 97.17 million. Consequently, world ending stocks are projected to be 32.19 million bales, for a stocks-to-use ratio of 33.1%. Expected ’02-03 world production estimates were increased 40,000 bales to 88.03 million. USDA’s beginning stocks were lowered 10,000 bales to 46.94 million bales. World supply is pegged at 134.97 million bales. Estimated world mill use was lowered 290,000 bales to 97.93 million bales. Ending stocks are now pegged at 36.87 million bales. This has a corresponding stocks-to-use ratio of 37.6%.
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