From Plains Cotton Growers March 2022 cotton futures price have posted nearly a 12- cent decline since their peak of $1.18/lb. in mid-November. Despite that drop, however, cotton prices remain at near-historic levels with the March contract trading between $1.05 and $1.07 early Friday.Although a sizable portion of the 2021 crop was committed early through various marketing agreements at prices below where cotton is trading today, there is still a fair amount of open or uncommitted cotton that producers are eager to sell at current market prices and any hiccup in that effort can certainly be upsetting.Unfortunately, whether we like ...