An Arkansas farmer says he’s extremely disappointed in the cotton market.
Derek Haigwood says all signs have been pointing to higher prices. “All the headlines were ‘horrible Texas cotton crop’ last year, COVID supply chains shutting down purchases of cotton,” he says. “And I’m just really disappointed the cotton price did not go up. I held it and held it and held it.”
He tells Brownfield the market is telling farmers to plant different crops in 2023, but they’ll still have to keep some acres.