USDA December Production Report

In its December crop report, USDA estimated a 2024-25 U.S. crop of 14.26 million bales. Upland production was estimated at 13.76 million bales and ELS production at 498,000 bales.

Harvested area was an estimated 8.64 million acres, implying a non-harvested area of roughly 2.54 million acres. The resulting abandonment rate is roughly 22.73%. The national average yield per harvested acre was estimated to be roughly 792 pounds, 71 pounds lower than the 5-year average.