There is increased worldwide demand for cotton but the forecast for US cotton production is down, largely because of the dry weather.
Increased demand and a reduced yield normally should be a formula for higher prices but experts feel the prices will probably go lower as the harvest season approaches.
The optimum prices was in the US $.70 range, but it has been 10 years since prices have been that high.
It is predicted prices will wind up being about the same as last year to lower 40's.
Current predictions show the US crop yielding 20.3 million bales that is 100,000 bales below the August forecast and 15 percent lower than last year's record crop.
Nearly a third of the crop is rated as poor or in very poor condition.
The cotton harvest is just getting under way in Southeast Mississippi and the predictions are that it will be another tough year for cotton farmers.
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