Cotton

Cotton planting sits at 7% nationwide, on track with the average, and as drought blankets the home of what’s known as the largest cotton patch in the country, dwindling crop outlooks are feeding cotton prices.
USDA released the first crop progress report of the season, and it showed cotton planting is running slightly behind with 4% of the U.S cotton crop currently planted. One meteorologist says drought may be a factor.
The shotgun houses and clapboard shacks are gone, but a child’s toy lingers in farmland rows. Time, tillage and rainfall reveal the sharecropper’s last testament: clusters of magnificent clay, agate and glass marbles.
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Coley Bailey, a third-generation grower, has hitched his 6,000-acre operation behind John Deere’s out-of-the-gate CP770 cotton picker—potentially the most proficient cotton harvesting machine to ever hit U.S. fields.
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Cotton prices are a bright spot for cotton producers across the U.S. As harvest hits high-gear, yields are coming in strong, while prices remain at a 10-year high.
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Cotton conditions look to be improving as the crop draws closer to harvest. According to the latest USDA data, 71% of the U.S. cotton crop is now rated good to excellent. That compares to 46% this time last year.
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