According to data recently released by the USDA Texas upland cotton acreage decreased by nearly half a million acres.
Economists say that the lower planted acres stemmed from increased supply and lower prices in part due to the coronavirus pandemic which impacted the commodity markets negatively over the year.
But the loss of planted acreage came at no overall shock as even well before the pandemic became part of our lives, Texas farmers indicated that they would be planting less of the crop overall this year.
Despite these figures experts say that they are pretty well pleased with the returns of the 2020 harvest so far based on what they have seen. On the whole, U.S. producing states all reported a decrease in acreage planted, with the exception of Kansas which saw an increase from 175,000 to nearly 195,000 acres of cotton planted.