HDR1011800200500912951600
COTTON AND WOOL OUTLOOK                                      September 12, 1995
            Approved by the World Agricultural Outlook Board
-----------------------------------------------------------------------------
COTTON AND WOOL OUTLOOK is published monthly (except January) by the Economic
Research Service, U.S. Department of Agriculture, Washington, DC 20005-4788. 
CWS--0995.  
-----------------------------------------------------------------------------
 
Cotton Crop Revised Down 7 Percent
 
Although 7 percent below August indications, the 1995 U.S. cotton crop is
still forecast at a record 20.3 million bales, up 3 percent from 1994's
record. This production estimate was below the range of industry forecasts
which averaged 21.1 million bales.  Upland production is estimated at 19.9
million bales, declining 1.6 million from a month earlier.  Upland harvested
acreage, at 15.6 million acres, is up 5,000 acres from last month and up 19
percent from last year.  The national upland cotton yield declined 48 pounds
from the August estimate and is now expected to average 612 pounds per
harvested acre.  Reduced yields in the Delta and Southeastern States account
for most of the decline.  This season's ginnings totaled 427,000 running bales
prior to September 1, compared with 679,950 ginned by the same date last year
and 434,900 in 1993.
 
In the Delta, production is estimated at 2 million bales, down 940,000 from
the August forecast.  The largest decline occurred in Mississippi where the
production potential dropped 480,000 bales due to yield loss.  The average
yield estimate in Mississippi was reduced 158 pounds per harvested acre to 661
pounds.  Similarly, lower yields in Louisiana and Arkansas reduced production
prospects 200,000 and 170,000 bales, respectively.
 
Cotton in the Delta States was rated mostly in fair to good condition. 
Tennessee shows the best crop condition in the region, with 63 percent in good
to excellent condition in early September.  Producers in the region continued
applying insect treatments.  Mississippi rated 27 percent of their crop in
very poor to poor condition, and Arkansas and Louisiana rated 14 percent and
20 percent of the cotton as very poor to poor.  All States' boll opening
equalled or exceeded the 5-year pace, but Arkansas was 65 percent open,
compared with an average of 35, and Mississippi, at 83 percent open, was 20
percent ahead of normal.  Data from objective yield plots show Arkansas with
the lowest number of large bolls since 1985, and preliminary boll weights were
also the lowest for this 10 year period.  Louisiana's large boll counts and
weights ranked ninth in the past 10 years, and Mississippi's large bolls were
the third lowest and weights were ninth lowest during this same time period.
 
In the Southeast, yield and production losses occurred in most States, with
significant losses in Georgia and North Carolina.  The region is now expected
to harvest 4.3 million bales, compared with 4.6 million in August.  Georgia
production was revised down 150,000 bales to 1.95 million, and North Carolina
is expected to produce 870,000 bales, 13 percent below last month's estimate. 
 
Spring rains allowed the Southeastern crop to germinate well, but August's
high temperatures and sparse rainfall adversely affected the crop.  Tropical
storm Jerry moved across the eastern third of Georgia and into the Carolinas,
offering some relief, but fruit shedding and insects caused crop potential to
decline.  This weather also advanced maturity of the Georgia crop and in early
September, boll opening was 73 percent, over 50 percent above the 5-year
average.  Forty-nine percent of Alabama's cotton and 7 percent of Georgia's
was in very poor to poor condition.  Thirty-one percent of Georgia's crop was
rated in good condition, and 9 percent of Alabama's was in good condition. 
North Carolina reported 39 percent of their crop as good to excellent.  Fifty-
six percent of the South Carolina crop was in good condition, with none
reported excellent in early September.
 
The American-Pima production forecast, at 368,000 bales, is up 9 percent from
1994's output, and up 10,000 bales from August.  California was the only State
with a change in production from the August forecast, and planted and
harvested acres were revised upward by 5,000.  U.S. yield is indicated at 918
pounds per harvested acre, down 56 pounds from last year.  Arizona's crop was
subject to insect pressure during the month and above normal temperatures.  In
California, conditions were mainly good to excellent, as hot August weather
aided crop development.
 
Foreign Production, Consumption, and Trade
 
Foreign 1995/96 production was cut this month, and foreign consumption raised,
boosting U.S. export prospects slightly despite a tightening in prospective
U.S. supplies.  The forecast for U.S. exports was raised 100,000 bales to 7.8
million, giving the United States an expected 28 percent share of world trade,
compared with 33 percent in 1994/95.  However, 1994/95 U.S. exports were
adjusted down 100,000 bales to 9.5 million.
 
The forecast for foreign production in 1995/96 was cut 500,000 bales to 68.5
million, largely because of China.  China's crop fell 500,000 bales this month
to 19 million as evidence mounted that planted area failed to reach earlier
expectations and cool August weather trimmed yield prospects.  China's
government sought to increase cotton production this year, raising procurement
prices from about 11,000 yuan/ton to 14,000 yuan/ton.  However, competing crop
prices have risen even more strongly and the bollworm has reportedly been a
bigger problem this year than in 1994/95.  Production is expected to fall
nearly 1 million bales this year in China.
 
Australia's production forecast was reduced as well this month as rainfall
continues to lag normal levels.  Australian 1995/96 production is now forecast
to be unchanged from 1994/95 at 1.45 million bales as irrigation supplies
remain tight from prolonged drought.
 
Foreign consumption in 1995/96 is forecast 300,000 bales higher this month and
is expected to reach 75.3 million.  In addition, 1994/95 was revised upward
300,000 bales as well.  Turkey accounted for most of the adjustment, as
favorable exchange rates helped accelerate Turkey's export-oriented textile
industry.  Partially offsetting consumption adjustments were made to Malaysia
and Singapore in both the forecasts and for several years of historical data. 
A larger proportion of Singapore's cotton imports than earlier believed are
reexported to Malaysia for processing rather than consumed in Singapore.
Reportedly, Singapore has only one mill remaining in operation.
 
Foreign exports in 1995/96 were revised down as production prospects weakened
for Australia and China, and as prospects for repealing Turkey's prohibitive
export tax dimmed.  Foreign imports were raised this month, with China
accounting for most of the adjustment--China's expected imports were raised
100,000 bales to 2.7 million bales.  Net imports by China in 1995/96 are
forecast at 2.4 million bales, compared with 3.8 million in 1994/95.
 
U.S. Mill Consumption and Stocks
 
U.S. cotton mill consumption data for 1994/95 will be finalized later this
month, however, preliminary data indicate that mills used 11.2 million bales
of cotton last season, 7 percent above 1993/94.  In addition, cotton's share
of fiber use on the cotton system averaged 77 percent, 1 percentage point
above 1993/94 and the highest since the 1966 season.
 
Based on the preliminary July data, daily average cotton consumption declined
for the fifth consecutive month to 38,900 480-pound bales.  Consumption
totaled only 740,000 bales, well below the 909,000 bales posted in June. 
Similarly, manmade fiber usage fell in July to 105 million pounds, compared
with 137 million in June.  July 1995 manmade use was also below a year ago. 
For the season, preliminary mill use totaled 1.6 billion pounds, slightly
above 1993/94.
 
For 1995/96, U.S. cotton mill use is projected to rise to 11.5 million bales,
approximately 3 percent above last season.  Although below the average annual
increase of the past several seasons, demand for U.S. cotton is expected to
rise for the fifth consecutive year.  Leading the way is the anticipated
increase in denim demand by consumers.  Demand for other apparel products, as
well as home furnishings, is also expected to remain strong.
 
With a slight upward revision in U.S. beginning stocks and the decline in the
crop forecast, 1995/96 ending stocks fell nearly 30 percent from August. 
Total supply this season is estimated at 22.9 million bales, slightly below
1994/95.  However, total use is currently forecast at 19.3 million, 1.4
million below a year ago.  Thus, ending stocks this season are forecast to
rise only 40 percent from beginning levels instead of more than doubling as
forecast a month earlier.
 
Cotton Prices Mixed
 
The average price received by upland producers through mid-August was 76.4
cents per pound, down from a revised July price of 86.6 cents.  In August
1994, the average price equaled 65.5 cents.  Similarly, the upland spot price
for base quality cotton fell for the second month in a row to 85.9 cents per
pound.  Meanwhile, the ELS spot price remained unchanged during August at
about $1.37 per pound.
 
With the higher prices experienced earlier in 1995, producers have contracted
a large share of their crop this season.  As of September 1, 40 percent of the
acreage had been contracted, compared with 32 percent in 1994 and 8 percent in
1993.  By region, the West contracted 60 percent; the Southeast, 46 percent;
the Delta, 44 percent; and the Southwest, 28 percent.  These percentages are
above a year ago with the exception of the Southeast.
 
Mill-delivered upland prices also declined for the second consecutive month. 
In August, these prices averaged 89.7 cents per pound and fell below those of
polyester for the first time since November 1994.  A year ago, upland mill
prices averaged 75.5 cents in August.  While cotton prices have decreased,
manmade fiber prices remained unchanged.  Polyester staple prices averaged 92
cents per pound, while rayon prices averaged $1.25.  During August 1994, these
fiber prices were 76 cents and $1.02 per pound, respectively.  With mill-
delivered cotton prices falling below those for polyester, cotton use will
likely benefit from the very competitive situation it now enjoys.
 
Northern Europe cotton prices, on the other hand, have risen slightly this
season.  During August, the A Index averaged 85.4 cents per pound, but for the
week ending September 7, the A Index averaged 88.9 cents.  The Memphis
Territory quote moved out of the Index calculation on September 4, and was
replaced by Mexico.  Seven of the 14 styles are currently being quoted with
the Central Asian quote continuing as the cheapest.
 
The B Index followed a similar pattern; however, only 3 of the 8 styles are
quoted at this time.  During August, the B Index averaged 82.1 cents per
pound, but had moved above 86 cents during the first week of September.  The
Orleans/Texas quote is currently the highest priced offering, with Pakistan
the lowest.
 
In addition, the adjusted world price (AWP) continues to inch higher.  Since
August 10, the AWP has risen each week and for the week of September 8-14, the
AWP climbed to 74.28 cents per pound, the highest since early July.
 
Textile Imports Rise Sharply in June
 
Textile imports in June reached 710 million pounds (raw-fiber equivalent), an
increase of 11 percent from May.  Increased imports of apparel and house
furnishings more than offset small declines in yarn, thread, and fabric and
floor coverings.  About 60 percent of June's import rise came from cotton
textiles, which rose 11 percent (39 million pounds) to 382 million pounds. 
Compared with June 1994, cotton and total textile imports were 10 percent and
7 percent higher, respectively.
 
Although textile imports were up sharply in June, exports rose only slightly. 
June textile exports were 276 million pounds, up 2 percent from May, but 16
percent higher than June 1994.  Increases in apparel shipments more than
offset declines in all other end-use categories.  However, cotton textile
exports, at 122 million pounds, were almost 5 percent above May and 26 percent
above year-ago shipments.
 
Overall, the total textile trade deficit for the first 6 months of 1995
reached 2.3 billion pounds, 12 percent higher than the same period in 1994. 
Similarly, the cotton textile trade deficit, at 1.3 billion pounds, was 10
percent higher than the first 6 months of 1994.  However, cotton's share of
the total deficit continued to decline in 1995 to 58.6 percent, the lowest in
several years.  Larger exports of cotton textiles and apparel will likely
continue to support domestic mill consumption and limit increases in the
overall textile trade deficit during 1995.
 
The next Cotton and Wool Outlook will be released on October 11, 1995.
 
For further information, contact Leslie Meyer at (202) 501-8528 (U.S. Cotton),
Robert Skinner at (202) 219-0767 (U.S. Cotton), John Lawler at (202) 501-7162
(Wool), or Steve MacDonald at (202) 219-1179 (Foreign Cotton).
 
U.S. COTTON SUPPLY AND USE ESTIMATES
----------------------------------------------------------------------
                                                   1995/96
                                         ----------------------------
Item                          1994/95      Jul        Aug        Sep
----------------------------------------------------------------------
Upland:                                      Million acres
  Planted                      13.55     16.42      16.46       16.47
    Program                    11.62     11.36      11.36       11.36
  Harvested                    13.16     15.30      15.61       15.62
                                                Pounds
  Yield/harvested acre           705       661        660         612
                                        Million 480-lb. bales
  Beginning stocks              3.30      2.20       2.42        2.57
  Production                   19.32     21.11      21.45       19.90
    Total supply 1/            22.64     23.33      23.87       22.48
  Mill use                     11.09     11.32      11.42       11.42
  Exports                       9.08      7.19       7.42        7.49
    Total use                  20.17     18.50      18.84       18.91
  Ending stocks                 2.57      4.96       5.17        3.66
                                               Percent
  Stocks-to-use ratio           12.8      26.8       27.5        19.3
  
Extra-long staple:                           1,000 acres
  Planted                        169       189        190         195
    Program                       84        32         32          32
  Harvested                      166       187        188         193
                                                Pounds
  Yield/harvested acre           974     1,000        916         918
                                         1,000 480-lb. bales
  Beginning stocks               227        55         34          62
  Production                     338       390        358         368
    Total supply 1/              568       450        402         440
  Mill use                       102        85         85          85
  Exports                        424       315        280         310
    Total use                    526       400        365         395
  Ending stocks                   62        40         27          45
                                               Percent
  Stocks-to-use ratio           11.8      10.0        7.4        11.4
----------------------------------------------------------------------
Based on USDA estimates.  1/ Includes imports.
 
WORLD COTTON SUPPLY AND USE ESTIMATES
----------------------------------------------------------------------
                                                   1995/96
                                        ----------------------------
Item                          1994/95      Jul        Aug        Sep
----------------------------------------------------------------------
Supply:                                 Million 480-lb. bales
Beginning stocks
  World                        27.19     29.45      29.84       29.68
  Foreign                      23.66     27.20      27.39       27.05
Production
  World                        85.32     90.79      90.83       88.76
  Foreign                      65.66     69.29      69.01       68.49
Imports
  World                        30.62     27.73      27.85       28.00
  Foreign                      30.60     27.70      27.83       27.99
Use:
Mill use
  World                        84.16     86.27      86.45       86.77
  Foreign                      72.96     74.87      74.95       75.27
Exports
  World                        29.16     27.72      27.97       27.89
  Foreign                      19.66     20.22      20.27       20.09
Ending stocks
  World                        29.68     33.90      34.01       31.66
  Foreign                      27.05     28.90      28.81       27.96
 
Stocks-to-use ratio                            Percent
  World                         35.3      39.3       39.3        36.5
  Foreign                       37.1      38.6       38.4        37.1
----------------------------------------------------------------------
Based on USDA estimates.
 
FIBER SUPPLY
----------------------------------------------------------------------
                                           1995                  1994
                                 -------------------------
Item                             May       Jun        Jul         Jul
----------------------------------------------------------------------
Cotton:                                  1,000 480-lb. bales
  Ginnings                         0         0          0           0
Imports since August 1          14.7      19.0         NA         6.0
  Stocks, beginning            6,658     4,971      3,657       4,975
    At mills                     794       787        751         680
    Public storage             4,883     3,625      2,585       3,772
    CCC stocks                   862       613        292         458
 
Manmade:                                   Million pounds
  Production                   864.9     841.0      802.5       828.1
    Noncellulosic              823.2     796.0      760.1       787.1
    Cellulosic                  41.7      45.0       42.4        41.0
    Total since January 1    4,104.5   4,945.8    5,748.3     5,746.5
 
                                           1995                  1994
                                 ------------------------
                                 Apr       May        Jun         Jun
----------------------------------------------------------------------
                                            Million pounds
  Raw fiber imports             88.6      97.5       78.8        97.4
    Noncellulosic               81.8      90.8       73.4        89.0
    Cellulosic                   6.8       6.7        5.4         8.4
    Total since January 1      376.1     473.5      552.3       523.9
 
Wool and Mohair:                            1,000 pounds
  Raw wool imports, clean      5,962    11,450      5,200       7,671
    48's-and-finer             4,327     8,028      2,564       4,366
    Not-finer-than-46's        1,635     3,422      2,636       2,987
    Total since January 1     34,897    46,348     51,548      53,095
 
  Wool top imports               330       305        520         359
    Total since January 1      1,886     2,191      2,711       1,997
  Mohair imports, clean            0         0          1           0
    Total since January 1         10        10         11           1
----------------------------------------------------------------------
NA = Not available.
 
COTTON SYSTEM FIBER CONSUMPTION
----------------------------------------------------------------------
                                           1995                 1994
                               ---------------------------
Item                             May       Jun        Jul        Jul
----------------------------------------------------------------------
Cotton:                                  1,000 480-lb. bales
All consumed by mills 1/       1,006       909        740         817
  Total since August 1 1/      9,546    10,454     11,194      10,418
  SA annual rate 2/           10,974    10,727     10,109      10,969
  SA daily rate 2/              42.2      41.3       38.9        42.2
  Daily rate                    43.7      41.3       35.2        38.9
 
Upland consumed by mills 1/      996       898        734         811
  Total since August 1 1/      9,461    10,359     11,092      10,346
  SA annual rate 2/           10,865    10,603     10,029      10,900
  SA daily rate 2/              41.8      40.8       38.6        41.9
  Daily rate                    43.3      40.8       34.9        38.6
 
Spindles in place              7,157     7,128      6,965       7,675
  Active spindles              6,690     6,651      6,531       7,181
    100 percent cotton         2,922     2,888      2,796       3,025
    100 percent manmade        1,121     1,121      1,123       1,229
    Blends                     2,647     2,642      2,612       2,927
                                              Percent
Cotton's share of fibers        76.5      76.2       77.2        76.8
 
Manmade:                                    1,000 pounds
Total consumed by mills 1/   148,517   136,558    105,191     118,759
  Total since August 1 1/  1,368,193 1,504,751  1,609,942   1,576,142
  Daily rate                   6,457     6,207      5,009       5,655
    Noncellulosic staple       5,635     5,389      4,328       4,946
    Cellulosic staple            822       818        681         709
----------------------------------------------------------------------
1/ Adjusted to calendar month.  2/ SA = seasonally adjusted.
 
FIBER EXPORTS
----------------------------------------------------------------------
                                          1995                  1994
                                 ------------------------
Item                             Apr       May        Jun        Jun
----------------------------------------------------------------------
Cotton:                                  1,000 480-lb. bales
  Upland exports               1,048       639        374         754
    Total since August 1       7,694     8,333      8,707       5,950
  Sales for next season          116       179        190         123
    Total since August 1       3,220     3,399      3,589         376
 
  ELS exports                   56.5      45.7       36.3        15.5
    Total since August 1       312.2     357.8      394.2       285.3
  Sales for next season         14.1       8.3        4.5        17.9
    Total since August 1       147.9     156.2      160.8        91.0
 
Manmade:                                   Million pounds
  Raw fiber exports             90.6      76.8       73.5        76.8
    Noncellulosic               83.1      72.3       66.5        73.2
    Cellulosic                   7.5       4.5        7.0         3.6
    Total since January 1      338.0     414.7      488.2       425.0
 
Wool and Mohair:                           1,000 pounds
  Raw wool exports, clean      979.3     964.6    1,170.4       243.9
   Total since January 1     1,945.8   2,910.3    4,080.7     1,785.3
  Wool top exports           1,009.1   1,111.6      864.8     1,308.3
    Total since January 1    3,716.6   4,828.1    5,692.9     5,599.6
 
  Mohair exports, clean        313.7     216.9       97.6       767.2
    Total since January 1    2,087.6   2,304.4    2,402.0     3,163.4
----------------------------------------------------------------------
 
FIBER PRICES
----------------------------------------------------------------------
                                           1995                 1994
                               ---------------------------
Item                             Jun       Jul        Aug        Aug
----------------------------------------------------------------------
Domestic cotton prices:                    Cents per pound
  Adjusted World Price         76.22     73.02      70.62       63.15
  Oct'95 futures               87.27     78.42      78.54       69.92
  Dec'95 futures               80.49     75.20      76.64       69.16
  Upland spot 41-34           106.96     93.28      85.90       70.32
  Pima spot 03-46             132.73    136.50     136.50       96.67
  Avg. price received by:
    Upland producers           86.30     86.60      76.40       65.50
 
  Mill delivered:
    Cotton
      Actual                  117.65    100.04      89.71       75.45
      Raw fiber equivalent    130.72    111.16      99.68       83.83
    Rayon staple
      Actual                  119.00    125.00     125.00      102.00
      Raw fiber equivalent    123.96    130.21     130.21      106.25
    Polyester staple
      Actual                   92.00     92.00      92.00       76.00
      Raw fiber equivalent     95.83     95.83      95.83       79.17
 
    Price ratios                               Percent
      Cotton/rayon             105.5      85.4       76.6        78.9
      Cotton/polyester         136.4     116.0      104.0       105.9
 
Northern Europe cotton quotes:            Cents per pound
  A Index                         NQ        NQ      85.44       76.73
  Memphis Territory           129.00        NQ      86.90       77.25
  California/Arizona              NQ        NQ      91.90       77.00
  B Index                     101.53     92.79      82.12       74.38
  Orleans/Texas               121.00        NQ      83.05       73.06
 
Wool prices (clean):                      Dollars per pound
 U.S. 56's                      1.77      1.75       1.72        1.29
  Australian 56's 1/            2.50      2.45       2.36        1.87
 U.S. 60's                      2.12      2.09       2.00        1.60
  Australian 60's 1/            2.73      2.61       2.53        1.97
  U.S. 64's                     2.85      2.61       2.50        2.35
  Australian 64's 1/            3.08      2.92       2.87        2.48
----------------------------------------------------------------------
NQ = No quote.
1/ In bond, Charleston, SC.
 
TEXTILE TRADE
----------------------------------------------------------------------
                                          1995                   1994
                             -----------------------------
Item                             Apr       May        Jun         Jun
----------------------------------------------------------------------
Imports:                                   1,000 pounds 1/
 
  Yarn, thread, and fabric   169,789   190,550    179,202     191,189
    Cotton                    72,595    84,068     80,601      86,903
    Linen                     27,596    29,713     26,440      29,304
    Wool                       3,990     3,998      3,964       4,821
    Silk                         599       742        693         821
    Manmade                   65,009    72,029     67,503      69,340
 
  Apparel                    311,642   391,331    468,694     415,769
    Cotton                   183,812   228,180    270,887     230,463
    Linen                      8,091    11,449     14,375      17,040
    Wool                       9,046    13,644     19,444      16,339
    Silk                       8,560     8,520      8,509      12,745
    Manmade                  102,133   129,539    155,479     139,182
 
  House furnishings           26,552    31,162     32,854      29,709
    Cotton                    19,381    22,959     23,925      22,048
    Linen                        177       372        269         143
    Wool                         103       113        370         118
    Silk                          16        17         32          21
    Manmade                    6,875     7,700      8,258       7,379
 
  Floor covering              24,705    24,918     22,217      20,261
    Cotton                     4,015     4,755      3,643       4,719
    Linen                      3,029     3,169      2,607       2,393
    Wool                       8,758     7,768      7,182       6,476
    Silk                         326       510        346         356
    Manmade                    8,578     8,716      8,440       6,317
 
  Total imports 2/           538,774   644,966    710,249     663,684
    Cotton                   282,622   343,117    382,384     347,257
    Linen                     38,991    44,799     43,766      48,994
    Wool                      22,115    25,785     31,374      28,094
    Silk                       9,501     9,790      9,581      13,945
    Manmade                  185,545   221,476    243,144     225,394
 
Exports:                                  1,000 pounds 1/
 
  Yarn, thread, and fabric   122,366   128,585    125,315     118,009
    Cotton                    41,364    44,506     43,933      36,985
    Linen                      3,116     3,126      3,550       2,873
    Wool                       3,527     3,463      3,559       3,452
    Silk                       1,531     1,416      1,466       1,113
    Manmade                   72,828    76,074     72,808      73,586
 
  Apparel                     98,562   109,922    119,426      85,799
    Cotton                    59,893    66,491     72,293      53,496
    Linen                      2,094     1,828      1,830       1,997
    Wool                       4,351     4,808      5,435       3,474
    Silk                       1,900     1,518      1,735       1,444
    Manmade                   30,324    35,277     38,133      25,386
 
  House furnishings            5,027     5,239      5,224       4,717
    Cotton                     2,900     3,048      3,139       2,810
    Linen                        241       258        234         166
    Wool                          90        55         73          56
    Silk                         159       171        159          98
    Manmade                    1,636     1,708      1,620       1,587
 
  Floor covering              27,403    26,594     25,789      28,577
    Cotton                     3,363     2,437      2,356       3,437
    Linen                      1,140     1,214      1,102       1,226
    Wool                       1,462     1,174      1,214       1,236
    Silk 3/                      ---       ---        ---         ---
    Manmade                   21,438    21,768     21,117      22,678
 
  Total exports 2/           253,688   270,586    276,034     237,491
    Cotton                   107,566   116,521    121,772      96,768
    Linen                      6,601     6,433      6,725       6,270
    Wool                       9,455     9,520     10,310       8,239
    Silk                       3,590     3,106      3,360       2,655
    Manmade                  126,476   135,006    133,867     123,559
----------------------------------------------------------------------
1/ Raw fiber equivalent.  2/ Includes headgear.  3/ Absence of trade.
 
1995 ACREAGE, YIELD, AND PRODUCTION ESTIMATES
-------------------------------------------------------------------
 
State/          Harvested Area          Yield         Production
Region           Aug      Sep       Aug       Sep    Aug       Sep
-------------------------------------------------------------------
                                        Lbs./           1,000
                 1,000 acres       harvested acre       bales
 
Upland:
  Alabama        615      615       550      500     705       640
  Florida        109      109       691      691     157       157
  Georgia      1,490    1,490       677      628   2,100     1,950
  N. Carolina    780      780       615      535   1,000       870
  S. Carolina    335      335       759      731     530       510
  Virginia       107      107       700      700     156       156
    Southeast  3,436    3,436       649      598   4,648     4,283
 
  Arkansas     1,000    1,000       826      744   1,720     1,550
  Louisiana    1,010    1,010       808      713   1,700     1,500
  Mississippi  1,460    1,460       819      661   2,490     2,010
  Missouri       415      435       729      701     630       635
  Tennessee      665      665       664      595     920       825
    Delta      4,550    4,570       787      685   7,460     6,520
 
  Kansas           2        2       408      408       2         2
  Oklahoma       325      325       325      325     220       220
  Texas        5,700    5,700       446      438   5,300     5,200
    Southwest  6,027    6,027       440      432   5,522     5,422
 
  Arizona        354      359     1,139    1,123     840       840
  California   1,195    1,175     1,165    1,123   2,900     2,750
  New Mexico      51       51       781      781      83        83
    West       1,600    1,585     1,147    1,112   3,823     3,673
 
Total Upland  15,613   15,618       660      612  21,453    19,898
 
Pima:
  Arizona         48       47       788      788      78        78
  California      95      100     1,036    1,032     205       215
  New Mexico      15       15       800      800      25        25
  Texas           30       30       800      800      50        50
 
Total Pima       188      193       916      918     358       368
 
Total All     15,801   15,810       663      615  21,811    20,266
-------------------------------------------------------------------
Based on the September Crop Production report.
 
                                 END-END-END