USDA Issues June Acreage Report

In its June acreage report, USDA estimated 2017-18 U.S. cotton plantings at 12.1 million acres, up 19.7% from 2016. Upland planted area is estimated to have increased 19.5% to 11.8 million acres. ELS cotton producers planted 252,000 acres, up 29.6%. USDA’s June projection is down 178,000 acres from their initial 2017 estimate released in March.