It has been amazing the past couple of years to see how much more cotton is being planted in our area. And it’s not just here. The growth in acres going to cotton has been a nationwide phenomenon, and USDA is projecting another 7 percent increase this year.
Equally impressive is the fact that, despite increases in supply, cotton prices remain fairly healthy – at least healthy enough to make cotton an enticing investment for farmers. I asked Shawn Wade of Plains Cotton Growers how that can happen. He told me it basically comes down to strong demand: