WASDE - 648 - 17 May 2024
U.S. Cotton Supply and Use 1/
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2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj.
Item Apr May
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Million Acres
Planted 13.75 10.23 NA 10.67*
Harvested 7.29 6.44 NA 9.13*
Pounds
Yield per Harvested
Acre 953 899 NA 842*
Million 480 Pound Bales
Beginning Stocks 4.05 4.25 NA 2.40
Production 14.47 12.07 NA 16.00
Imports 0.00 0.01 NA 0.01
Supply, Total 18.52 16.32 NA 18.41
Domestic Use 2.05 1.80 NA 1.90
Exports, Total 12.77 12.30 NA 13.00
Use, Total 14.82 14.10 NA 14.90
Unaccounted 2/ -0.55 -0.18 NA -0.20
Ending Stocks 4.25 2.40 NA 3.70
Avg. Farm Price 3/ 84.8 76.0 NA 74.0
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