In its October crop report, USDA’s production estimate is virtually unchanged at 13.8 million bales, less than 1 percent lower than a month earlier. Upland production was estimated at 13.34 million bales and extra-long staple production at 468,000 bales.Harvested area was an estimated 7.88 million acres, implying a non-harvested area of about 5.92 million acres. The resulting abandonment rate is about 42.89 percent.The national average yield per harvested acre was estimated to be about 842 pounds, 13 pounds less than the five-year average.The latest 2022/23 U.S. cotton supply and demand estimates show slightly lower exports and higher ending stocks compared ...