Monday, the U.S. Department of Agriculture unexpectedly to 2008-09 U.S. cotton production forecast downward. Analysts said that U.S. cotton production down in January made lower-than-expected report on the extent of bad.

The USDA also lowered the 2008-09 cotton exports is expected because the world cotton consumption continued to decline. Ministry of Agriculture amended the world cotton production and the world cotton consumption, but the beginning of inventory adjustment in excess of analysts expectations.

The U.S. Department of Agriculture to the U.S. 2008-09 cotton production down to 13.04 million bales last month reported 13,610,000 package, the reduction in surprise. Analysts on average expected output of 13.59 million package.

2008-09 annual production was down in Texas. Texas is the nation’s largest cotton producing state. Texas Department of Agriculture production was 4.6 million packages locked in a low last month, reported 510 million bales. The U.S. Department of Agriculture forecast also amended Texas upland cotton yield to 649 pounds / acres, down from 731 pounds.

The U.S. Department of Agriculture in the U.S. cotton exports are expected to drop further to 12 million package, low last month, the report estimated 12,250,000 package. Market analysts forecast the average export volume of 12.05 million package. Due to the current global economic endanger, credit tight, to reduce household expenditure budget, textiles will also be a corresponding reduction in consumption.

The U.S. Department of Agriculture locked 2008-09 U.S. cotton consumption was 4.2 million bags, below the December report of 430 million bales.

World cotton data in line with market expectations.

The U.S. Department of Agriculture of the world stocks are expected to adjust to the beginning of the year 62,310,000 package, which is lower than the report in December estimated 61,350,000 package.

Amendment to the U.S. Department of Agriculture 2008-09 world cotton consumption forecast to 1.1524 billion package, which is lower than forecast in December of 1.1659 billion package. China, India, Pakistan and the U.S. cotton consumption has been reduced, because the global demand for textiles in the doldrums.

The U.S. Department of Agriculture of the world cotton production forecast down to 1.0984 billion package, low 1.1156 billion package last month to report.

The U.S. Department of Agriculture forecasts, India’s cotton production for the 2008-09 package 23,000,000, which is lower than in December reported 24 million package. India is the world’s second-largest cotton-producing countries. Analysts had expected output would be reduced in India, because the slow arrival of Indian cotton.

The USDA also lowered the number of India’s cotton exports, the report in December from 500 million bales down to 400 million bales. India’s minimum support price of cotton increased domestic cotton prices.

The U.S. Department of Agriculture of the Chinese cotton imports 2008-09 forecast down to 7.5 million bales last month reported nine million package. China is the world’s largest cotton textile importing countries and producing countries, textiles slowing demand led to decline in imports of Chinese cotton. As the world cotton data adjustments, the U.S. Department of Agriculture at the end of the 2008-09 world cotton stocks raised to 59.4 million bags, higher than the December report of 58.77 million package.

Analysts said the January report lower-than-expected bad color, but it is not good.