As Brazil and Australia gain ground on global exports, Joe Nicosia’s message to the U.S. is clear: Compete or Get Beat.
Cotton’s price bracket has widened, and the market support price has been lowered a bit.
The market says it is hungry, and the only way to feed high prices is to give the market more cotton. The only problem, says Dr. O.A. Cleveland, is there is little cotton currently available for shipment.