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                                WASDE - 646 - 17                      March 2024
                                        
                         U.S. Cotton Supply and Use  1/
================================================================================
                            2021/22   2022/23 Est.  2023/24 Proj.  2023/24 Proj.
Item                                                          Feb            Mar
================================================================================
                                               Million Acres
  Planted                     11.21          13.75          10.23          10.23
  Harvested                   10.26           7.29           7.06           7.06

                                                Pounds
Yield per Harvested
   Acre                         820            953            845            822

                                            Million 480 Pound Bales
Beginning Stocks               3.15           4.05           4.25           4.25
Production                    17.52          14.47          12.43          12.10
Imports                        0.01           0.00           0.01           0.01
  Supply, Total               20.68          18.52          16.69          16.36
Domestic Use                   2.55           2.05           1.75           1.75
Exports, Total                14.48          12.77          12.30          12.30
  Use, Total                  17.03          14.82          14.05          14.05
Unaccounted 2/                -0.40          -0.55          -0.16          -0.20
Ending Stocks                  4.05           4.25           2.80           2.50
Avg. Farm Price 3/             91.4           84.8           77.0           77.0
================================================================================

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