3. Influential Factors Prevailing Market Conditions Cost of Production
Cotton: 77 to 73¢ range ( cents)
Corn: $4.35 (2009 -$0.15)
Soybeans: near $10.00 (2009 UNC)
Cost of Production
Crop Rotations
Corn to Fuel Prices
Weather

4. Influential Factors Cotton Futures Prices

5. Influential Factors

6. Influential Factors

7. Influential Factors 13

8. 2010 Southeast Acreage Alabama 255 306 19.9 Florida 82 80 -2.7
Thousand Acres %
Actual Intended Change
Alabama
Florida
Georgia 1, ,
North Carolina
South Carolina
Virginia
Southeast 1, ,
Total may not add due to rounding.

9. 2010 Mid-South Acreage Arkansas 520 522 0.4 Louisiana 230 233 1.1
Thousand Acres %
Actual Intended Change
Arkansas
Louisiana
Mississippi
Missouri
Tennessee
Mid-South 1, ,
Total may not add due to rounding.

10. 2010 Southwest Acreage Kansas 38 45 19.0 Oklahoma 205 259 26.3
Thousand Acres %
Actual Intended Change
Kansas
Oklahoma
Texas 5, ,
Southwest 5, ,
Total may not add due to rounding.

11. 2010 West Acreage Arizona 145 175 20.4 California 71 97 37.1
Thousand Acres %
Actual Intended Change
Arizona
California
New Mexico
West
Total may not add due to rounding.

12. 2010 ELS Acreage Arizona 2 2 5.0 California 119 152 27.9
Thousand Acres %
Actual Intended Change
Arizona
California
New Mexico
Texas
ELS
Total may not add due to rounding.

13. 2010 U.S. Planting Intentions
Thousand Acres %
Actual Intended Change
Southeast 1, ,
Mid-South 1, ,
Southwest 5, ,
West
ALL UPLAND 9, ,
ALL ELS
ALL COTTON 9, ,
Total may not add due to rounding.

14. U.S. Yields and Abandonment
Lbs/Acre
* Olympic 5-Year National Average Abandonment Rate: 11.9%
** Olympic 5-Year National Average Yield: 819 lbs./harvested acre

15. U.S. Cotton Production

16. U.S. Cottonseed Production
*Average Seed-to-Lint Ratio: 1.43

17. Indexed Futures Prices Relative to January 4, 2010
Survey Period
Indexed
Point
Planting Decisions Finalized
South Texas
Lower Delta
Upper Delta
West Texas