USDA August Production Report

In its August crop report, USDA estimated a 2022-23 U.S. crop of 12.57 million bales. Upland production was estimated at 12.16 million bales and extra-long staple (ELS) production at 407,000 bales.

Harvested area was an estimated 7.13 million acres, implying a non-harvested area of about 5.35 million acres. The resulting abandonment rate is about 42.87%. The national average yield per harvested acre was estimated to be about 846 pounds, nine pounds less than the five-year average.