|
US Cotton Production
(1,000 acres & 1,000 bales) |
| |
2005/06 |
2006/07 |
2007/08 f |
| Planted Acres |
14,245 |
15,270 |
12,150 |
| |
|
|
|
| Harvested Acres |
13,803 |
12,732 |
10,636 |
| |
|
|
|
| Production |
23,890 |
21,588 |
17,346 |
| |
|
|
|
| Yield (lbs/acre) |
831 |
814 |
783 |
| Cottonseed Yield (lbs/bale) |
684 |
681 |
690 |
|
For the crop year August - July
e- estimate / f - forecast |
|
|
US Cottonseed Supply & Demand
(1,000 short tons) |
| |
2005/06 |
2006/07 |
2007/08 f |
| Beginning Stocks |
592 |
602 |
560 |
| Production |
8,172 |
7,348 |
5,987 |
| Imports |
0 |
0 |
0 |
| Total Supply |
8,764 |
7,949 |
6,547 |
| |
|
|
|
| Crush |
3,010 |
2,675 |
2,400 |
| Exports |
523 |
625 |
300 |
| Planting Seed* |
128 |
137 |
109 |
| Feed & Residual |
4,502 |
3,952 |
3,338 |
| Total Usage |
8,163 |
7,389 |
6,147 |
| |
|
|
|
| Ending Stocks |
602 |
560 |
400 |
| |
|
|
|
| Season Average Price ($/ton) |
$96 |
$118 |
$120 - $150 |
| |
|
|
|
| * NCPA estimate |
|
|
|
For the crop year August - July
e - estimate / f - forecast |
|
|
US Cottonseed Oil Supply & Demand
(million pounds) |
| |
2005/06 |
2006/07 |
2007/08 f |
| Beginning Stocks |
76 |
101 |
100 |
| Production |
951 |
830 |
755 |
| Imports |
1 |
2 |
1 |
| Total Supply |
1,029 |
933 |
856 |
| |
|
|
|
| Domestic Consumption |
860 |
698 |
651 |
| Exports |
67 |
135 |
115 |
| Total Usage |
928 |
833 |
766 |
| |
|
|
|
| Ending Stocks |
101 |
100 |
90 |
| |
|
|
|
|
Oil Yield (lbs/ton crushed) |
316 |
310 |
315 |
| |
|
|
|
| Season Average Price ($/lb.) |
$0.2947 |
$0.3550 |
$0.37
- 0.41 |
| (PBSY , basis Greenwood, MS) |
|
|
|
For the marketing year October - September
e - estimate / f - forecast |
|
|
US Cottonseed Meal Supply & Demand
(1,000 short tons) |
| |
2005/06 |
2006/07 |
2007/08 f |
| Beginning Stocks |
53 |
59 |
50 |
| Production |
1,373 |
1,215 |
1,080 |
| Imports |
0 |
0 |
0 |
| Total Supply |
1,426 |
1,275 |
1,130 |
| |
|
|
|
| Domestic Usage |
1,226 |
1,135 |
995 |
| Exports |
141 |
90 |
85 |
| Total Usage |
1,366 |
1,225 |
1,080 |
| |
|
|
|
| Ending Stocks |
59 |
50 |
50 |
| |
|
|
|
|
Meal Yield (lbs/ton crushed) |
912 |
908 |
900 |
| |
|
|
|
| Season Average Price ($/ton) |
$144 |
$150 |
$160
- $190 |
| (41% protein; basis Memphis, TN) |
|
|
|
For the marketing year October - September
e - estimate / f - forecast |
Updated August 17, 2007
|
