This morning’s USDA Cotton Report
WASDE-480-17 March 2010
U. S. Cotton Supply and Use 1/
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: : : 2009/10 Projections
Item : 2007/08 : 2008/09 :===============================
: : Est. : February March
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: Million acres
Area :
Planted : 10.83 9.47 9.15 9.15
Harvested : 10.49 7.57 7.69 7.69
:
: Pounds
Yield per harvested :
acre : 879 813 774 774
:
: Million 480 pound bales
:
Beginning stocks 2/ : 9.48 10.04 6.34 6.34
Production : 19.21 12.82 12.40 12.40
Imports : 0.01 0.00 0.01 0.01
Supply, total : 28.70 22.86 18.74 18.74
Domestic use : 4.59 3.59 3.40 3.50
Exports : 13.65 13.28 12.00 12.00
Use, total : 18.24 16.86 15.40 15.50
Unaccounted 3/ : 0.41 -0.34 0.04 0.04
Ending stocks : 10.04 6.34 3.30 3.20
:
Avg. farm price 4/ : 59.3 47.8 59.0-65.0 60.5-65.5
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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/ Based on Bureau of Census data. 3/ Reflects the
difference between the previous season’s supply less total use and ending
stocks based on Bureau of Census data. 4/ Cents per pound for upland cotton.
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