Related Keywords: base grade cotton, cotton, Cotton growers, cotton lint, cotton specialist, cotton’s futures price, harvested
Dr. John Robinson, AgriLife Extension cotton marketing economist, said the lower cotton value represents a 10-plus cent discount to growers per pound harvested. He added that, “Reduced quality may not lower cotton’s futures price at all,” he said. “Rather, poor quality will be reflected in discounted cash prices to individual growers. Either way, the price of base grade cotton may not be changed much from this emerging problem.” Also, he said that, reduced production may also be offset by weakening export demand.
