April 5 (Bloomberg) -- Australia’s cotton output will jump by a third as the nation recovers from a drought, a unit of the U.S. Department of Agriculture said.
Production will climb to 2 million bales in the year starting on Aug. 1 from an estimated 1.5 million in the previous 12 months, the USDA’S Foreign Agricultural Service said in a report on its Web site.
The U.S. is the world’s largest cotton exporter, followed by India, Brazil, Uzbekistan and Australia, USDA data show. A bale weights 480 pounds, or 218 kilograms.