Supply chain issues to impact US cotton industry growth in 2023

Micheal Johnson

The most recent information from Countrywide Cotton Council economists reveals US cotton acreage is projected to be down 170{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} on previous year to 11.4m acres. While output charges remain elevated, cotton harvest-time futures price ranges are at the moment 16.5{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} much less than a year back and the costs of […]