WASDE - 611 - 17 April 2021 U.S. Cotton Supply and Use 1/ ================================================================================ 2018/19 2019/20 Est. 2020/21 Proj. 2020/21 Proj. Item Mar Apr ================================================================================ Million Acres Planted 14.10 13.74 12.09 12.09 Harvested 9.99 11.61 8.70 8.70 Pounds Yield per Harvested Acre 882 823 811 811 Million 480 Pound Bales Beginning Stocks 4.20 4.85 7.25 7.25 Production 18.37 19.91 14.70 14.70 Imports 0.00 0.00 0.00 0.00 Supply, Total 22.57 24.77 21.95 21.95 Domestic Use 2.98 2.15 2.30 2.30 Exports, Total 14.84 15.53 15.50 15.75 Use, Total 17.81 17.68 17.80 18.05 Unaccounted 2/ -0.09 -0.16 -0.05 0.00 Ending Stocks 4.85 7.25 4.20 3.90 Avg. Farm Price 3/ 70.3 59.6 69.0 68.0 ================================================================================