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USDA cuts cotton crop guess slightly, raises rice
The USDA has made modest adjustments to its 2022 cotton and rice production estimates, with harvest for both crops ongoing.
As of October 1st, upland cotton production is projected at 13.344 billion bales, down less than one percent from September on a small cut to the average yield guess to 831 pounds per acre. Harvested area is estimated at 7.712 million acres. In 2021, upland cotton totaled 17.191 million bales with an average yield of 813 pounds per acre and harvested area of 10.149 million acres.
This year’s rice crop is pegged at 165.4 million hundredweight, up 297,000 on the month following a slight upward revision on yield. Harvested area is expected to be 2.177 million acres. A year ago, rice totaled 191.796 million hundredweight with an average yield of 7,709 pounds per acre and harvested area of 2.488 million acres.
The USDA’s ending stocks estimates for cotton and rice were above a month ago, with rice up on the increase in production and a cut in exports, and cotton higher on a lower export projection.
The USDA’s next set of supply, demand, and production numbers is out November 9th.
Comparisons for Brownfield states:
Arkansas: Cotton: 1.5 million bales, compared to 1.235 million in 2021; Yield: 1,143 pounds per acre, compared to 1,219 a month ago and 1,248 a year ago; Harvested Area: 630,000 acres, compared to 475,000 last year
Rice: 81.225 million hundredweight, compared to 91.136 million in 2021; Yield: 7,500 pounds per acre, compared to 7,500 a month ago and 7,630 a year ago; Harvested Area: 1.083 million acres, compared to 1.194 million last year
Kansas: Cotton: 170,000 bales, compared to 183,000 in 2021; Yield: 537 pounds per acre, compared to 726 a month ago and 880 a year ago; Harvested Area: 152,000 acres, compared to 102,000 last year
Missouri: Cotton: 690,000 bales, compared to 814,000 in 2021; Yield: 1,104 pounds per acre, compared to 1,152 a month ago and 1,260 a year ago; Harvested Area: 300,000 acres, compared to 310,000 last year
Rice: 11.324 million hundredweight, compared to 15.599 million in 2021; Yield: 7,600 pounds per acre, compared to 7,600 a month ago and 8,040 a year ago; Harvested Area: 149,000 acres, compared to 194,000 last year
Tennessee: Cotton: 660,000 bales, compared to 583,000 in 2021; Yield: 975 pounds per acre, compared to 938 a month ago and 1,036 a year ago; Harvested Area: 325,000 acres, compared to 270,000 last year
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