Mid-valley Cotton Growers Celebrates 65 Years of Success and Innovation
On January 26, 2024, Mid-valley Cotton Growers, Inc. marked a major milestone - their 65th anniversary celebration. As we look back on five decades of dedication to the cotton industry, our team is proud of what we've accomplished.
Market Data and News
The following market data figures are based on recent reports from the International Cotton Association and provide insights into the current state of the cotton industry:
- Cotton prices have remained stable in 2023, with an average price per pound ranging from $1.50 to $2.00.
- The global cotton production is expected to increase by 2% in 2024 due to favorable weather conditions and improved yields.
- The U.S. cotton crop is forecasted to be the largest in five years, with a predicted total of over 50 million bales.