January 12, 2024
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Marjory Walker
(901) 274-9030
In its January crop report, USDA estimated a 2023-24 U.S. crop of 12.43 million bales. Upland production was estimated at 12.13 million bales and ELS production at 307,000 bales.
Harvested area was an estimated 7.06 million acres, implying a non-harvested area of roughly 3.17 million acres. The resulting abandonment rate is roughly 30.94%. The national average yield per harvested acre was estimated to be roughly 845 pounds, 13 pounds lower than the 5-year average.
Related News
Final 2023 USDA Crop Estimates In its final estimate of the 2023-24 U.S. cotton crop, USDA placed total production at 12.07 million bales, down from the January estimate of 12.43 million bales. USDA Announces March Prospective Plantings USDA’s March Prospective Plantings Report indicates U.S. producers intend to plant 10.7 million cotton acres in 2024. USDA December Production Report In its December crop report, USDA estimated a 2023-24 U.S. crop of 12.78 million bales.
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