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Cotton prices plumping up as more rains likely in Texas

Related Keywords: . Investors betting the land, cotton prices plumping up, create temporary shortage of quality fiber, difficult to plant crops, harvest delayed, heavy rains hit, largest cotton growing state in US, Texas, U.S. Department of Agriculture

Heavy rains have hit Texas, the largest cotton-growing state in the U.S. Most of the cotton is grown in West Texas, which is recovering from a four-year drought. Many areas haven’t seen more than two days in a row without rain this month, which has made it difficult to plant crops. If crop yields in Texas are lower or if the harvest is delayed and the maturing crop gets too wet from seasonal rains, it could create a temporary shortage of quality fiber.

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