NCC Predicts a 7 Percent Increase in Cotton Plantings

HOUSTON, TX – Higher prices for both old-crop cotton and new-crop (2022 season), has U.S. farmers looking to increase planted acreage across the cotton belt this year.

According to results from the National Cotton Council’s (NCC) 41st Annual Early Season Planting Intentions Survey, released over the weekend, upland cotton intentions are 11.9 million acres, up 7.1 percent from 2021, while extra-long staple (ELS) intentions of 158,000 acres represent a 24.8 percent year over year increase.

Using the 10-year average abandonment rate for each state (nationally 18.9 percent), 9.8 million acres will be harvested this year and will provide for a crop of 17.3 million bales (16.8 million upland and 438,000 of ELS bales) explains Dr. Jody Campiche, NCC Vice President of Economics & Policy Analysis.

Growers provided their intentions through the questionnaire at the beginning of 2022, and results were presented during the group’s Annual Meeting.
(SOURCE: All Ag News)