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                        May 2022
                                        
                         U.S. Cotton Supply and Use  1/
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                            2020/21   2021/22 Est.  2022/23 Proj.  2022/23 Proj.
Item                                                          Apr            May
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                                               Million Acres
  Planted                     12.09          11.22             NA         12.23*
  Harvested                    8.22          10.27             NA          9.14*

                                                Pounds
Yield per Harvested
   Acre                         853            819             NA           867*

                                            Million 480 Pound Bales
Beginning Stocks               7.25           3.15             NA           3.40
Production                    14.61          17.52             NA          16.50
Imports                        0.00           0.01             NA           0.01
  Supply, Total               21.86          20.68             NA          19.91
Domestic Use                   2.40           2.55             NA           2.50
Exports, Total                16.37          14.75             NA          14.50
  Use, Total                  18.77          17.30             NA          17.00
Unaccounted 2/                -0.06          -0.02             NA           0.01
Ending Stocks                  3.15           3.40             NA           2.90
Avg. Farm Price 3/             66.3           92.0             NA           90.0
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