USDA makes big changes to cotton, rice crop estimates

USDA makes big changes to cotton, rice crop estimates

Acreage adjustments for cotton and rice led the USDA to make significant changes to production projections.

Upland cotton production this year is expected to be 12.776 million bales, a drop of 7% from August with a higher yield guess, now at 778 pounds per acre, more than canceled out by an cuts in both planted and harvested area, now placed at 10.086 million and 7.88 million acres, respectively. For 2022, upland cotton totaled 13.998 million bales with an average yield of 942 pounds per acre on planted area of 13.579 million acres and harvested area of 7.132 million acres.

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