Holland Cooperation Bank Cut Australia's Cotton Output Forecast This Year

according to Holland Cooperation Bank In January 11th, it was noted that floods occurred in Queensland in 2011. Australian cotton The yield data of sugarcane and sorghum were downregulated.

Holland Cooperation Bank said that the current decline in crop quality in Queensland is widespread. Cotton and sorghum may be the hardest hit crops. In a report, the bank said, "crop yields in all parts of Queensland are decreasing, and flooding has affected almost all coastal areas."

Holland Cooperation Bank will yield Australian cotton this year Data reduction 8%, 3 million 950 thousand packets, or 897 thousand tons. This is still the highest record in history. Australian farmers will begin harvesting cotton in April.