This month’s U.S. 2022/23 cotton forecasts issued by the USDA include higher production and ending stocks, no change in U.S. mill use, and lower exports.Production is 438,000 bales higher than previous estimates, at 14.7 million, with yield at a record 947 pounds per acre, up 9 percent from the December estimate.Upland production was estimated at 14.21 million bales and extra-long staple (ELS) production at 474,000 bales.Harvested area was an estimated 7.44 million acres, implying a non-harvested area of about 6.32 million acres. The resulting abandonment rate is about 45.94 percent.Exports are forecast 250,000 bales lower, at 12.0 million, with both ...