USDA December Production Report

In its December crop report, USDA estimated a 2020-21 U.S. crop of 15.95 million bales. Upland production was estimated at 15.40 million bales and extra-long staple (ELS) production at 554,000 bales.

Harvested area was an estimated 9.01 million acres, implying a non-harvested area of about 3.11 million acres. The resulting abandonment rate is about 25.67%. The national average yield per harvested acre was estimated to be about 850 pounds, two pounds more than the five-year average.