美国农业部（USDA）：2025年中国棉花及其制品市场年度报告（英文版）

Post forecasts MY 25/26 cotton production at 6.35 MMT, down five percent on a return to trend yields after last season’s excellent weather. The Chinese government will continue its target price-based subsidy for Xinjiang cotton to maintain planted area and production in that region for 2025. In contrast, production outside Xinjiang is expected to decline further due to limited subsidies, lower cotton prices, reduced quality, higher input costs, and competition from alternative crops. Cotton c