WASDE - 666 - 17                   December 2025
                                        
                         U.S. Cotton Supply and Use  1/
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                            2023/24   2024/25 Est.  2025/26 Proj.  2025/26 Proj.
Item                                                          Nov            Dec
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                                               Million Acres
  Planted                     10.23          11.18           9.30           9.30
  Harvested                    6.44           7.81           7.37           7.37

                                                Pounds
Yield per Harvested
   Acre                         899            886            919            929

                                            Million 480 Pound Bales
Beginning Stocks               4.65           3.15           4.00           4.00
Production                    12.07          14.41          14.12          14.27
Imports                        0.00           0.00           0.01           0.01
  Supply, Total               16.72          17.57          18.12          18.27
Domestic Use                   1.85           1.70           1.70           1.60
Exports, Total                11.75          11.90          12.20          12.20
  Use, Total                  13.60          13.60          13.90          13.80
Unaccounted 2/                -0.03          -0.03          -0.08          -0.03
Ending Stocks                  3.15           4.00           4.30           4.50
Avg. Farm Price 3/             76.1           63.0           62.0           60.0
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