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WASDE - 596 - 17
                    January 2020
                                        
                         U.S. Cotton Supply and Use  1/
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                            2017/18   2018/19 Est.  2019/20 Proj.  2019/20 Proj.
Item                                                          Dec            Jan
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                                               Million Acres
  Planted                     12.72          14.10          13.76          13.74
  Harvested                   11.10          10.21          12.51          11.80

                                                Pounds
Yield per Harvested
   Acre                         905            864            775            817

                                            Million 480 Pound Bales
Beginning Stocks               2.75           4.20           4.85           4.85
Production                    20.92          18.37          20.21          20.10
Imports                        0.00           0.00           0.01           0.01
  Supply, Total               23.68          22.57          25.06          24.96
Domestic Use                   3.23           2.98           3.00           3.00
Exports, Total                16.28          14.76          16.50          16.50
  Use, Total                  19.50          17.74          19.50          19.50
Unaccounted 2/                -0.03          -0.02           0.06           0.06
Ending Stocks                  4.20           4.85           5.50           5.40
Avg. Farm Price 3/             68.6           70.3           61.0           63.0
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