Strong Cotton Prices Expected Again in 2022, La Niña Could Say Differently

An eventful cotton-growing season where prices reached a whopping $1.21/pound has led to a positive outlook for 2022. With more acres devoted to the homegrown fiber, the Cotton Belt could see as many as 12 million acres in 2022. However, a University of Arkansas System Division of Agriculture Extension economist cautions the increased production acres is a ballpark figure and many analysts pause on this amount due to the uncertainty La Niña brings.

Texas, under a La Niña advisory to start 2022, is anticipated to see drought conditions, weighing heavily on cotton producers. While strong prices are anticipated for the new year, analysts say these prices will react to drought and its impact on crop conditions.

Read more on 2022 cotton production here.