Originally Posted by quiltnchik

There's another thread already going on about this...don't have the link, but we've been talking about homesteading, etc., in addition to the news I received from our local LQS this evening via email:

"Some news that can't be sugar coated: The price of cotton has gone up and is at it's all time high. There are several reasons for this...briefly, all of the storms and floods in China, Indonesia and other places that grow cotton ruined the crop. India pulled their cotton off the market. China bought up every boll they could find. It appears that now all cotton is owned by China except that which is held by India. China weaves most of the greige goods that our fabric is printed on so guess who holds all the cards in the pricing war? We expect to be selling fabric for as much as $12.00/yard before the end of next year unless a miracle happens. Hopefully someone somewhere is doing something about this problem!


We have also be forewarned that everything else is going up as well ... notions, sewing machines, etc. "