The latest USDA report featured a small increase in 2019/20 globalproduction and a decrease in 2019/20 global mill-use. The addition to theworld harvest projection was 263,000 bales, bringing the current forecastto 121.6 million. The world consumption figure fell 850,000 bales,bringing the current forecast to 118.2 million.Along with an increase in beginning stocks (+191,000 bales to