As projected cotton acreage and production continues to shrink, prices have found new support. Dr. Don Shurley says this great run presents pricing opportunity for growers.
The numbers from the latest USDA Crop Progress report show that the U.S. cotton crop is running slightly ahead of schedule.
The August USDA supply demand report was very bullish for cotton. Dr. O.A. Cleveland says the market is now positioned to ensure strong cotton plantings for at least 2023 and 2024.