Based on Commerce Department estimates from Aug. 1, 2007, through March 1, 2008, projected total pounds of cotton consumed during the crop year of 2007-08 is 2.3 billion or 4.74 million bales. USDA's latest estimate of mill use for the 2007-08 crop year is 4.6 million bales.

Export commitments through March 27 were roughly 11.7 million bales, 1.8 million bales higher than total sales for the same time in the 2006-07 marketing year.