USDA August Production Report

In its August crop report, USDA estimated a 2023-24 U.S. crop of 13.99 million bales.

Upland production was estimated at 13.72 million bales and extra-long staple production at 268,000 bales. Harvested area was an estimated 8.62 million acres, implying a non-harvested area of about 2.46 million acres. The resulting abandonment rate is about 22.22%.

The national average yield per harvested acre was estimated to be about 779 pounds, 79 pounds less than the five-year average.