|
|
|
|
|
|
|
WASDE - 650 - 17 July 2024
U.S. Cotton Supply and Use 1/
================================================================================
2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj.
Item Jun Jul
================================================================================
Million Acres
Planted 13.75 10.23 10.67* 11.67**
Harvested 7.29 6.44 9.13* 9.67**
Pounds
Yield per Harvested
Acre 953 899 842* 844**
Million 480 Pound Bales
Beginning Stocks 4.05 4.25 2.85 3.05
Production 14.47 12.07 16.00 17.00
Imports 0.00 0.01 0.01 0.01
Supply, Total 18.52 16.32 18.86 20.06
Domestic Use 2.05 1.85 1.90 1.90
Exports, Total 12.77 11.60 13.00 13.00
Use, Total 14.82 13.45 14.90 14.90
Unaccounted 2/ -0.55 -0.18 -0.15 -0.15
Ending Stocks 4.25 3.05 4.10 5.30
Avg. Farm Price 3/ 84.8 76.0 70.0 68.0
================================================================================
Get your local Cash Bids emailed to you each morning from DTN – click here to sign up for DTN Snapshot.
|
|
|
|