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National Cotton Council economists point to a few key factors that will shape the U.S. cotton industry’s 2022 economic outlook.This past year can be characterized as a year with significant uncertainty and volatility in the global economy and the world cotton market. The global economy recovered at a much faster pace than expected as COVID-19 restrictions were relaxed and world economies reopened. Strong world cotton demand has resulted in the highest cotton prices in a decade.However, the lingering effects of the COVID-19 pandemic’s shock to global trade have created an unprecedented level of stress and disruption on the entire supply ...

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331
806-872-2177