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                                WASDE - 636 - 17                        May 2023
                                        
                         U.S. Cotton Supply and Use  1/
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                            2021/22   2022/23 Est.  2023/24 Proj.  2023/24 Proj.
Item                                                          Apr            May
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                                               Million Acres
  Planted                     11.22          13.76             NA         11.26*
  Harvested                   10.27           7.31             NA          8.71*

                                                Pounds
Yield per Harvested
   Acre                         819            950             NA           854*

                                            Million 480 Pound Bales
Beginning Stocks               3.15           3.75             NA           3.50
Production                    17.52          14.47             NA          15.50
Imports                        0.01           0.01             NA           0.01
  Supply, Total               20.68          18.22             NA          19.01
Domestic Use                   2.55           2.10             NA           2.20
Exports, Total                14.62          12.60             NA          13.50
  Use, Total                  17.17          14.70             NA          15.70
Unaccounted 2/                -0.24           0.02             NA           0.01
Ending Stocks                  3.75           3.50             NA           3.30
Avg. Farm Price 3/             91.4           82.0             NA           78.0
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