U.S. cotton prices have recovered from the lows seen this summer.  However, those prices might be short-lived.

“All the price momentum will come from continued issues with crop production. The possibility of higher prices, up to 78-80 cents, is revived, but as has been pointed out all year, the trek higher will be slow, tedious, fraught with missteps, and difficult to survive. Higher prices will be based solely on supply. Demand has not been a factor, other than a negative factor,” according to O.A. Cleveland, professor emeritus, Agricultural Economics at Mississippi State University.