Strong support for 75-cent cotton predicted and machine-picked favored
Story Date: 12/21/2017

 

Source: John Hart, SOUTHEAST FARM PRESS, 12/15/17


Cotton prices in 2018-2019 should find support in the 75-cents-per-pound range and will have the potential to move higher, says Ed Jernigan, CEO of Jernigan Global.“As we look to next year and you make your planting decisions, the U.S. needs more cotton acreage because of the demand for machine-picked cotton. This acreage needs to come from stable production zones that can ..."

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