Date Posted: June 1, 2026Washington, DC — The June 2026 issue of Cotton This Month projects a modest contraction in global cotton area, production, and trade during the 2026/27 season, reflecting weaker demand sentiment, rising production costs, and shifting environmental factors across major producing nations.
According to the report, global cotton area is projected to decline by 1% to 30.1 million hectares, while world production is expected to decrease by 2% to 25.7 million tonnes. Global cotton trade is also forecast to fall by 1.4% to approximately 9.5 million tonnes.

- Surging Input Costs: Global fertilizer prices rose by more than 12% in Q1 2026, driven by Middle East geopolitical tensions and export disruptions in the Strait of Hormuz.
- Strategic Downsizing: Countries like China are intentionally excluding lower-efficiency, low-yielding, and water-stressed plots to favor more productive land.
- Weather and Abandonment Pressures: While El Niño supports certain regions, 98% of the U.S. crop faces drought-like conditions, increasing abandonment risks. Meanwhile, Australia faces extreme dryness, and Pakistan struggles with erratic weather and pest pressures.
- Alternative Crop Competition: High competition from crops like corn, alongside a soft global market and pressure from man-made fibers, is impacting cotton profitability.
Country Outlooks
- China: Expected to remain the world’s largest cotton producer despite a projected 0.5% decline in area (to 3 million hectares) and a 4% decline in production to 7 million tonnes. Favorable weather conditions are expected to support strong crop performance, yielding a globally unmatched 2,421 kg/ha.
- United States: Planted area is projected to decrease by 6% to 2.9 million hectares, pulling production down 4% to 2.8 million tonnes — the lowest level in three seasons. Despite a 98% drought footprint threatening abandonment rates, yields are projected 2% higher due to El Niño, and exports are forecast to rise 3%.
- Brazil: Following four consecutive seasons of expansion, Brazil’s cotton area is projected to contract by 6% to 2 million hectares, leading to a 10% drop in production to 3.8 million tonnes. The reduction is primarily concentrated in Mato Grosso due to weak demand, rising fertilizer costs, and strong competition from corn.
- India: India will maintain the world’s largest cotton area, holding steady at approximately 11.8 million hectares. Production is projected to expand by 8% due to normal monsoon forecasts. The additional output is expected to be absorbed by growing domestic consumption and strong yarn exports to China.
- Australia: Driven by extreme dryness, reduced irrigation water, and high input costs, Australia’s cotton area and production are both projected to decline by 10%, bringing total production to approximately 937,000 tonnes.
- Pakistan: Production is projected to decline by 18% to approximately 900,000 tonnes despite an unchanged cultivation area. Sector performance remains heavily constrained by poor seed quality, high pest pressure, and unpredictable weather patterns.
ICAC’s Price Projections
The Secretariat’s current Cotlook A price forecast for the 2025/26 season, based on current supply and demand estimates, ranges from 75 to 80 cents per pound, with a midpoint of 78 cents per pound. ICAC’s price projections are made by Ms Lorena Ruiz, ICAC Economist.
ICAC’s Statistical Data Portal
For the most current statistics, users are encouraged to consult ICAC’s Statistical Data Portal, which is updated continuously throughout the month to reflect live changes.
The author of Cotton This Month is Parkhi Vats, Principal Statistician & Data Architect at ICAC.
The next issue of Cotton This Month will be released on July 1, 2026.
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Formed in 1939, the ICAC is an association of cotton producing, consuming, trading, and investing countries. It acts as a catalyst for change by helping Member governments maintain a healthy world cotton economy; provides transparency to the world cotton market by serving as a clearinghouse for technical information on cotton production; and serves as a forum for discussing cotton issues of international significance. In addition, Members can take advantage of the ICAC’s global network of cotton researchers, whose expertise covers the supply chain from farm to textile manufacturing, and have free access to its cutting-edge technologies like the voice-based app and virtual reality cotton training program. Committed to ensuring cotton’s continued sustainability, the ICAC is the only intergovernmental commodity body covering cotton that is recognized by the United Nations. For more information, please visit www.icac.org, Twitter or LinkedIn.
Dr Mansurbek Muminov is a senior scientist at the Scientific Research Institute of Fiber Crops in Uzbekistan. His efforts have focused on basic cotton ginning and spinning, and he has authored more than 10 comprehensive research papers in those areas.
Dr. Keshav R. Kranthi, Ph.D is the Chief Scientist at the International Cotton Advisory Committee (ICAC), Washington, DC. Before joining the ICAC, he served as the Director of the Central Institute for Cotton Research (CICR) in Nagpur, India, from 2008 to 2017. Dr. Kranthi has thirty-five years of experience as a cotton scientist. He received a gold medal in his Ph.D. in 1991 and has been honored with more than a dozen awards, including the Best CPP Program Award for Research Leadership by the Renewable Natural Resources Research International, UK; the ICAC Researcher of the Year Award in 2009; the Vasantrao Naik Smruti Pratisthan Award in 2004; the ICAR National Award for Leader of Best Team Research in 2006; Fellow of the National Academy of Agricultural Sciences in 2009; the ISCI Recognition Award in 2010; Krishi Gaurav Award in 2010; Bhumi Nirman Award in 2011; ISCI Fellow in 2017; the Plant Protection Recognition Award in 2016 by the National Academy of Agricultural Sciences; Suresh Kotak Global Cotton Award in 2023 and the CRDA life time achievement Award in 2024. Dr. Kranthi has four patents granted in South Africa, Mexico, China, and Uzbekistan, and six patent applications in India. He has published more than 100 peer-reviewed research papers, 20 books/handbooks/manuals, 17 book chapters, and more than 50 popular articles. Dr. Kranthi has presented invited talks and conducted training sessions in more than 40 countries. His research citations are in excess of 6,500. As the chief principal investigator, he coordinated and led more than 35 externally funded international collaboration research projects.
Dr. Charudatta Mayee, Ph.D is a distinguished Indian agricultural scientist and administrator with over five decades of contributions to Indian agriculture. Dr. Mayee currently serves as Adjunct Professor at IARI, New Delhi, and several ICAR institutions and universities. Dr Mayee served as Vice Chancellor of MAU Parbhani, Director of the Central Institute for Cotton Research (ICAR-CICR), Nagpur, and Agriculture Commissioner for the Government of India. Dr Mayee served as Vice President of the National Academy of Agricultural Sciences (NAAS) India. Dr. C.D. Mayee has received numerous accolades spanning five decades, recognizing his transformative contributions to agricultural science. He is an Alexander von Humboldt Fellow and has received lifetime achievement awards from multiple institutions. His early career was marked by the Prof. M.J. Narasimhan Academic Award (1974) and V.P. Gokhale Award (1998), followed by national honors like the Vasantrao Naik Krishi Award (2002), ICAR Outstanding Team Research Award (2003), and Dr. B. Vishwanath Award (2005). He received Lifetime Achievement Awards from the Indian Society for Cotton Improvement (2008), National Academy of Agricultural Sciences (2011), and Indian Phytopathological Society (2017), among others. Four universities conferred Honorary Doctorates (D.Sc.) for his pioneering work (2009–2023). Recent distinctions include the Best Cotton Scientist Award (2022, Cotton Association of India), Krishi Maharshi for Cotton R&D (2024) and the winner of the ICAC Researcher of the Year Award 2025.
Dr. Khalid Mahmood is the Co-Founder of SAWiE, where he has been instrumental in developing digital farm advisory and farm data platforms supporting over 10,000 farmers in Pakistan, improving traceability and transparency across agricultural supply chains. He is leading the development of first-mile traceability systems and the TRUE Cotton platform, connecting farmers with sustainable global textile supply chains.
Dr Olivier Zieschank studied Management at the university of Lausanne, where he graduated in 2005. Until 2010, he worked in a Swiss-based start-up that specialized in negotiating cell tower lease agreements, where he became associate director. In 2010, he returned to university and studied applied economics in Neuchatel, Switzerland. He wrote his PhD in Economics at the University of Freiberg, Germany, where he developed a theory of organization. Mr Zieschank was appointed Economist at the ITMF in August 2017 and became director in January 2021.
Ashwin Chandran holds a Bachelors Degree in Textile Technology from UMIST, UK and a Masters degree in Business Administration from the University of Illinois, USA.
Mr. Shreyans Gupta is an officer of the Indian Revenue Service (IRS), currently serving as First Secretary at the Embassy of India in Washington D.C. In his current role, he oversees critical portfolios within the Income-tax Overseas Unit (ITOU) and the Commerce Wing, facilitating bilateral and multilateral cooperation.
Eric Trachtenberg is the Executive Director of the International Cotton Advisory Committee (ICAC).
Pia Terasa joined the textile machinery manufacturer Saurer over 25 years ago. She is responsible for marketing and communications at the group level. Coming originally from a non-textile background, market intelligence and business development have played major roles throughout her career. Her current main “hobby” is closely monitoring development of the textile recycling industry and circular economy.
Dr. Md. Fakhre Alam Ibne Tabib is the former Executive Director of the Cotton Development Board of Bangladesh, with over 32 years of experience in cotton production, research, and development. He has demonstrated strong leadership and communication skills in engaging with national and international stakeholders in the cotton sector.
Dr. Elsie Sia Kanza is the current Ambassador Extraordinary and Plenipotentiary of the United Republic of Tanzania to the United States of America and Mexico. Prior to that role, Ambassador Kanza served as Special Advisor to the President of the World Economic Forum, and, before that, Head of Africa and Member of Executive Committee for 10 years championing growth and development in Africa leveraging public private collaboration. In 2015, She was awarded a Doctorate in Business Administration (honoris causa) by the University of Strathclyde for the transformative impact achieved in Africa.
Alison Ward has over 30 years of international experience in sustainability and corporate affairs. Alison is the CEO of CottonConnect, where she leads a team of over 100 employees, impacting the lives of over 800,000 cotton farmers in India, China, Pakistan, Turkey, Egypt and Bangladesh. Under Alison’s leadership the organization: drives supply chain transparency connecting sustainable fibres from farm to store; focuses on the rights and skills of women in supply chains through pioneering gender programmes; and continues to develop innovations at a farm level. She leads cotton strategies and programmes for global brands and retailers.


Name: Mary Concilia Anchang
Besim Özek
SIDDHARTHA RAJAGOPAL, Executive Director – TEXPROCIL