U.S. cotton growers will plant 9.5 million acres in 2008, 12% fewer acres than last year, the National Cotton Council’s annual early season planting intention survey.
The decrease is tied to prices for corn, soybeans and the planting of wheat over the winter, says Steve Slinsky, the NCC’s senior economist, who made the announcement at the group’s 70th annual meeting in Memphis.
Assuming an average abandonment rate, total upland and ELS harvested area would be about 8.76 million acres.
Acreage in the Mid-South will take the hardest hit, losing some 25.5% from 2007.
The Southeast expects to drop 11.5% of its cotton acreage from 2007.
The Southeast shows only a 2% drop on the strength of a 15.6% increase in Kansas, a 2% increase in Oklahoma and a 2.3% drop in Texas from 2007 levels. Acreage is expected to be up in west Texas.
In the West, expect a 38.7% drop in total cotton acres, the biggest plunge coming from a 53.3% dip in California that’s attributed to water woes and competition from other crops.
For upland, the early season prediction numbers: 11.6%, down from 10.5 million acres in 2007 to 9.3 million acres in 2008.
ELS numbers: down 21.1%, from 10.4 million in 2007 to 9.5 million in 2008.