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                   February 2021
                                        
                         U.S. Cotton Supply and Use  1/
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                            2018/19   2019/20 Est.  2020/21 Proj.  2020/21 Proj.
Item                                                          Jan            Feb
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                                               Million Acres
  Planted                     14.10          13.74          12.09          12.09
  Harvested                    9.99          11.61           8.70           8.70

                                                Pounds
Yield per Harvested
   Acre                         882            823            825            825

                                            Million 480 Pound Bales
Beginning Stocks               4.20           4.85           7.25           7.25
Production                    18.37          19.91          14.95          14.95
Imports                        0.00           0.00           0.00           0.00
  Supply, Total               22.57          24.77          22.21          22.21
Domestic Use                   2.98           2.15           2.40           2.40
Exports, Total                14.84          15.53          15.25          15.50
  Use, Total                  17.81          17.68          17.65          17.90
Unaccounted 2/                -0.09          -0.16          -0.04           0.01
Ending Stocks                  4.85           7.25           4.60           4.30
Avg. Farm Price 3/             70.3           59.6           68.0           68.0
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