US’ cotton production is projected to reach 16.5 mn bales in June a 14 percent increase (or 2 mn bales) from the 2022-23 crop, and 6 percent above the three-year average, according to a report by US Department of Agriculture (USDA). This boost comes on the heels of recent rainfall in the Southwest region, which has enhanced the moisture conditions necessary for spring planting and reduced the abandonment of crop fields.