WASDE - 647 - 17 April 2024
U.S. Cotton Supply and Use 1/
================================================================================
2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj.
Item Mar Apr
================================================================================
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 820 953 822 822
Million 480 Pound Bales
Beginning Stocks 3.15 4.05 4.25 4.25
Production 17.52 14.47 12.10 12.10
Imports 0.01 0.00 0.01 0.01
Supply, Total 20.68 18.52 16.36 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 -0.20 -0.20
Ending Stocks 4.05 4.25 2.50 2.50
Avg. Farm Price 3/ 91.4 84.8 77.0 76.0
================================================================================
DTN offers additional daily information available free through DTN Snapshot – sign up today.
|
