It’s too early to suggest that cotton prices are turning around. But it is becoming clear that the bottom is in, and prices will rebound in the coming contract months.
Cotton futures have reached the bottom of a classic long-term trading channel and should begin to improve by the new year.
Dr. O.A. Cleveland hints that 2026 U.S. cotton plantings should see a minimal increase due to an abnormally low carryover in the U.S., potentially pushing cotton prices above the current level.