U.S. Cotton Estimate Drops Due to Weather

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

Projections were released 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 17.5 million bales in 2007, or a drop of 19 percent from last year.

The 2006 figure was 21.6 million bales.