USDA Cuts US Cotton Export Forecast by 300,000 Tons for 2026/27 Season
The USDA May 2026 report forecasts declining US cotton exports in the 2026/27 season, exerting downward pressure on global lint prices and offering potential yarn manufacturing cost advantages for Turkish producers.
According to the USDA's May 2026 World Agricultural Supply and Demand Estimates report, global cotton markets continue to grapple with persistent surplus concerns. Projected reductions in United States cotton export volumes are anticipated to exert downward pressure on international spot prices.
Updated Projections (Million Bales)
| Balance Sheet Item | 2025/26 | 2026/27 (Forecast) | |-------|---------|-------------------| | US Production | 17.5 | 17.2 | | US Exports | 14.0 | 13.7 | | Global Production | 119.2 | 118.8 | | Global Consumption | 116.5 | 117.8 |
Impact on Turkey
Turkey ranks as the 3rd largest international buyer of United States raw cotton. Easing commodity price benchmarks is expected to deliver valuable cost advantages for Turkish yarn spinners and downstream fabric weaving mills.
The USDA May 2026 report forecasts declining US cotton exports in the 2026/27 season, exerting downward pressure on global lint prices and offering potential yarn manufacturing cost advantages for Turkish producers.
