1. Reduction in consumer demand for cotton related products will suppress cotton prices in 2023.
2. U.S. cotton acreage and production likely will decline in 2023 because of lower relative-price expectations with competing crops.
3. The cotton production profit margin likely will be lower in 2023 with high input costs and low cotton prices.
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Status and Revision History
- Published on August 28, 2023
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Annual publications address a comprehensive issue and are updated each year. These are typically large handbooks or commodity reports.
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