USDA August Production Report

In its August crop report, USDA estimated a 2017-18 U.S. crop of 20.54 million bales. Upland production was estimated at 19.78 million bales and extra-long staple (ELS) production at 770,000 bales. Harvested area was an estimated 11.05 million acres, implying a non-harvested area of about 1.00 million acres.