Brazil: Cotton and Products Annual

For MY 2025/26, Post forecasts cotton area to grow 2.9 percent compared to the current season, to 2.13 million hectares. Post also forecasts cotton production at a record 17.8 million bales (3.87 million metric tons (MMT)). Lower costs of production and competitive prices for export contribute to the increase. Yields are expected to increase slightly, about one percent due to positive impacts from La Nina. Post forecasts MY 2025/26 exports at 13.9 million bales (3 MMT), 3.7 percent more than the MY 2024/25 estimate at 13.4 million bales (2.9 MMT), due to increased supplies and expected reduced competition with U.S. cotton. Post forecasts domestic consumption at 3.4 million bales (740 MT), showing a slightly increase from the MY 2024/25 estimate.