Recently, a piece of news about a reduction of 83% in cotton production of Australia lures much attention. However, the reduction is mainly for the current season. And for 2020/21 season, ABARES forecasts that the output may recover to 384,000 tons due to improved water storage.
This year's cotton crop production in Australia is going to be the lowest in a decade, Cotton Australia recently confirmed. With only a few cotton producers able to access water—primarily groundwater—to grow crops this summer, Cotton Australia estimates a cotton crop size of 750,000 bales, just 16 p