By Yangxuan Liu,
University of Georgia Agricultural Economist
Southern Ag Today, a collaboration of economists from 13 Southern universities.
Cotton prices in 2022 were like a roller coaster ride, including increased volatility and the highest price achieved for the past decade. Multiple rapid market rallies in the cotton market were observed in 2022, followed by a quick withdrawal of speculative money, resulting in an immediate plunge in cotton prices after the rally.