Cotton Production Down 1 Percent from November Forecast
All cotton production is forecast at 18.3 million 480-pound bales, down 1 percent from last month but up 50 percent from last year's 12.2 million bales. Yield is expected to average 814 pounds per harvested acre, up 37 pounds from last year. Upland cotton production is forecast at 17.8 million 480-pound bales, down 1 percent from last month but 51 percent above 2009. Producers in Mississippi, Oklahoma, Tennessee, and Texas are expecting decreased yields from last month. American Pima production, forecast at 497,800 bales, was carried forward from last month.