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                   November 2019
                                        
                         U.S. Cotton Supply and Use  1/
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                            2017/18   2018/19 Est.  2019/20 Proj.  2019/20 Proj.
Item                                                          Oct            Nov
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                                               Million Acres
  Planted                     12.72          14.10          13.76          13.76
  Harvested                   11.10          10.21          12.51          12.51

                                                Pounds
Yield per Harvested
   Acre                         905            864            833            799

                                            Million 480 Pound Bales
Beginning Stocks               2.75           4.20           4.85           4.85
Production                    20.92          18.37          21.71          20.82
Imports                        0.00           0.00           0.01           0.01
  Supply, Total               23.68          22.57          26.56          25.67
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           0.07
Ending Stocks                  4.20           4.85           7.00           6.10
Avg. Farm Price 3/             68.6           70.3           58.0           61.0
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