Low stocks driving cotton prices
Story Date: 1/26/2022

 

Source: John Hart, FARM PROGRESS, 1/24/22


The biggest driver of high cotton prices today is the low U.S. stocks-to-use ratio, which is expected to remain low this year and continue to be supportive of high prices. That’s the message Hank Reichle, president and CEO of Staplcotn, drove home in his cotton outlook address to the Southern Cotton Growers/Southeastern Cotton Ginners Association annual convention Jan. 14.

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