USDA January Production Report

In its January crop report, USDA estimated a 2022-23 U.S. cotton crop of 14.68 million bales. Upland production was estimated at 14.21 million bales and extra-long staple (ELS) production at 474,000 bales.

Harvested area was an estimated 7.44 million acres, implying a non-harvested area of about 6.32 million acres. The resulting abandonment rate is about 45.94%.

The national average yield per harvested acre was estimated to be about 947 pounds, 92 pounds more than than the five-year average.