U.S. Cotton Crop May Be 13% Smaller as Farmers Switch Acreage, USDA Says

(Bloomberg) -- The U.S. cotton harvest will be 13 percent smaller than last year as farmers switch acres to crops with higher returns, the government said.

The U.S. harvest will drop to 18.8 million bales, from 21.59 million last year, the U.S. Department of Agriculture said today in a report. The forecast is the department's first for the crop now being planted. A bale of cotton weighs 480 pounds.


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