U.S. Cotton Estimate Drops, Mostly Because of Dry South

LUBBOCK, Texas (AP) - Dry parts of the mid-South and Southeast
have led to a drop of 1.3 million bales in the nation's cotton production from last month.

Projections were released Thursday by the U.S. Department of Agriculture.

Lack of moisture in the Tennessee Valley region of Georgia and Alabama is responsible for most of the reduction.

Meanwhile, parts of Oklahoma and Texas -- the nation's leading producer of cotton -- are too wet.

June's production estimates had U.S yields at 820 pounds per acre. The new projections are 20 pounds less per acre.

The report predicts the nation will produce 17 and a-half million bales in 2007, or a drop of 19 percent from last year.

The 2006 figure was 21.6 million bales.

Planting was delayed in some parts of the Texas, which is coming off back-to-back drought years.

(Copyright 2007 by The Associated Press. All Rights Reserved.)

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