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USDA Lifts Cotton Forecast
WASHINGTON - Nov 10/05 - SNS -- All cotton production is forecast at 23.2 million 480-pound bales in the United States, up 2% from the October forecast but slightly below last year's record high production, according to the latest USDA crop production estimates.
Yield is expected to average 813 pounds per acre, up 16 pounds from last month but down 42 pounds from 2004. If realized, both production and yield would be the second largest on record, behind last year. The November area expected for harvest remains unchanged from last month at 13.7 million acres but is up 5% from 2004.
Upland cotton harvested area is forecast at 13.4 million acres unchanged from last month but up 5% from last year. America-Pima harvested acres are unchanged from last month but are up 7% from 2004.
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