On October 12, 2023, USDA NASS released the October Crop Production report. Overall, corn production was down less than 1 percent from the September forecast, soybean production was down 1 percent, and cotton production was down 2 percent.
For the U.S., all cotton production is forecast at 12.8 million 480-pound bales, down 2 percent from the previous forecast and down 11 percent from 2022. Based on conditions as of October 1, yields are expected to average 767 pounds per harvested acre, down 19 pounds from the previous forecast and down 183 pounds from 2022.
In Oklahoma, cotton production is forecast at 270 thousand 480-pound bales, up 3.8 percent from the September forecast and down 11 percent from 2022. Based on conditions as of October 1, yields are expected to average 418 pounds per harvested acre, up 15 pounds from the previous forecast and down 216 pounds from 2022. For 2023, it is estimated that Oklahoma will harvest 310,000 acres of cotton, up 34.7 percent from 2022.
In Kansas, cotton production is forecast at 165 thousand 480-pound bales, up 29 percent from the September forecast and down .6 percent from 2022. Based on conditions as of October 1, yields are expected to average 900 pounds per harvested acre, up 207 pounds from the previous forecast and up 323 pounds from 2022. For 2023, it is estimated that Kansas will harvest 88,000 acres of cotton, down 36 percent from 2022.
In Texas, cotton production is forecast at 3.8 million 480-pound bales, down 9.5 percent from the September forecast and up 23.6 percent from 2022. Based on conditions as of October 1, yields are expected to average 515 pounds per harvested acre, down 55 pounds from the September forecast and down 219 pounds from 2022. For 2023, it is estimated that Texas will harvest 3.5 million acres of cotton, up 76 percent from 2022.
To view the entire October Crop Production report and see details for other commodities, CLICK HERE.
