WASDE - 597 - 17
February 2020
U.S. Cotton Supply and Use 1/
================================================================================
2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj.
Item Jan Feb
================================================================================
Million Acres
Planted 12.72 14.10 13.74 13.74
Harvested 11.10 10.21 11.80 11.80
Pounds
Yield per Harvested
Acre 905 864 817 817
Million 480 Pound Bales
Beginning Stocks 2.75 4.20 4.85 4.85
Production 20.92 18.37 20.10 20.10
Imports 0.00 0.00 0.01 0.01
Supply, Total 23.68 22.57 24.96 24.96
Domestic Use 3.23 2.98 3.00 3.00
Exports, Total 16.28 14.76 16.50 16.50
Use, Total 19.50 17.74 19.50 19.50
Unaccounted 2/ -0.03 -0.02 0.06 0.06
Ending Stocks 4.20 4.85 5.40 5.40
Avg. Farm Price 3/ 68.6 70.3 63.0 62.0
================================================================================
Get your local Cash Bids emailed to you each morning from DTN – click here to sign up for DTN Snapshot.
|
