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US Cotton Supply Use

May 2018

WASDE - 577 - 17

U.S. Cotton Supply and Use 1/

2016/17 2017/18 Est. 2018/19 Proj. 2018/19 Proj.
Apr May
Area Million Acres
Planted 10.07 12.61 NA 13.47 *
Harvested 9.51 11.10 NA 11.13 *
Pounds
Yield per Harvested Acre 867 905 NA 841 *
Million 480 Pound Bales
Beginning Stocks 3.80 2.75 NA 4.70
Production 17.17 20.92 NA 19.50
Imports 0.01 0.01 NA 0.01
Supply, Total 20.98 23.68 NA 24.21
Domestic Use 3.25 3.35 NA 3.40
Exports, Total 14.92 15.50 NA 15.50
Use, Total 18.17 18.85 NA 18.90
Unaccounted 2/ 0.06 0.13 NA 0.11
Ending Stocks 2.75 4.70 NA 5.20
Avg. Farm Price 3/ 68.0 67.00 - 69.00 NA 55.00 - 75.00

Note: Reliability calculations at end of report. 1/ Upland and extra-long staple; marketing year beginning August 1. Totals may not add due to rounding. 2/ Reflects the difference between the previous season's supply less total use and ending stocks. 3/ Cents per pound for upland cotton. *Planted area as reported in March 29, 2018 Prospective Plantings. Harvested area based on 10-year average abandonment by region. Yield based on 5-year average yields by region.