All cotton production is forecast at 15.8 million 480-pound bales, down 3 percent from the November forecast and down 13 percent from last year. Yield is expected to average 771 pounds per harvested acre, down 41 pounds from last year. Upland cotton production is forecast at 15.1 million 480-pound bales, down 14 percent from 2010. American Pima production, forecast at 737,200 bales, was carried forward from last month.

See the full report.

See Comments