Farm Journal Editors
Ag Web
Don’t expect the dizzying heights of $1.21 per pound, but the cotton outlook appears relatively solid for 2022. Bouncing up from 11.2 million planted acres in 2021, the Cotton Belt could see 12 million acres in 2022, and possibly more, contingent on a mercurial La Niña.
Fueled by a COVID clampdown and release, cotton’s amazing run from the 50-cent basement in 2020, to a pinnacle of $1.21 in November 2021, bodes well for 2022, with strong prices projected on the near horizon.