Cotton production is forecast at 16.3 million bales, down 2 percent from last month and down 10 percent from last year. Yield is expected to average 794 pounds per acre, down 18 pounds from last year...
Farmland rental costs and volatile fertilizer prices are the two primary drivers of increasing costs.
Seed prices also will be up 5 percent to 10 percent in the coming year.
Pesticide prices will vary by product.