WASDE - 673 - 17                       July 2026
                                        
                         U.S. Cotton Supply and Use  1/
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                            2024/25   2025/26 Est.  2026/27 Proj.  2026/27 Proj.
Item                                                          Jun            Jul
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                                               Million Acres
  Planted                     11.18           9.28          9.64*         9.85**
  Harvested                    7.76           7.83          7.38*         7.54**

                                                Pounds
Yield per Harvested
   Acre                         892            852           866*          872**

                                            Million 480 Pound Bales
Beginning Stocks               3.15           4.00           4.20           4.20
Production                    14.41          13.90          13.30          13.70
Imports                        0.00           0.01           0.01           0.01
  Supply, Total               17.56          17.90          17.51          17.91
Domestic Use                   1.70           1.55           1.60           1.60
Exports, Total                11.90          12.20          12.30          12.30
  Use, Total                  13.60          13.75          13.90          13.90
Unaccounted 2/                -0.04          -0.05          -0.10          -0.10
Ending Stocks                  4.00           4.20           3.70           4.10
Avg. Farm Price 3/             63.2           62.5           73.0           73.0
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