U.S. cotton exports are expected to drop substantially in market year 1985/86 to the lowest level in a decade. Total expected cotton usage at 9 million bales represents about 75 percent of the long-term average. This paper evaluates the potential for recovering markets through the export enhancing provisions of the 1985 farm bill. Although exports will be enhanced, the results of this analysis indicates it is unlikely the market will absorb the levels of cotton produced with an 81 cent per pound target price and a 25 percent acreage reduction program. Carryover stocks, therefore, will likely continue to increase in the near future.