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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