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20.02.202610:14:13UTC+00Cotton futures Rise to 1-Month Highs

Cotton futures hovered around 64.4 cents per pound, the highest level since January 19, as traders focused on the evolving global supply–demand balance for the natural fiber. According to projections presented at the USDA’s Agricultural Outlook Forum, global cotton production in 2026/27 is expected to decline by 3% to 116 million bales, while consumption is forecast to rise to 120.1 million bales. This tightening of the market is anticipated to reduce stocks and lend support to higher prices. Meanwhile, in its February WASDE report, the USDA raised its 2025/26 global cotton production estimate by 425,000 bales from January to 119.86 million bales, while trimming its consumption forecast by 200,000 bales.

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