"Although cotton plants are just in the final stage before boll opening in the region, cotton industry experts predict the 2010 cotton crop will produce substantially higher yields than last year. However, they said it is still too early to start celebrating.
According to the USDA Crop Production Report released Aug. 12, U.S. cotton production forecasts more than 18 million 480-pound bales will come out of this season — up 52 percent from 2009. Texas could see a record high of 8.8 million bales and, of that number, roughly 6 million bales will be produced in the High Plains."
So, guys, Texas is doing her part. We're shipping tons of cotton to Mexico to be made into denim, then jeans. It would be nice to have those factories here in Texas. It's really a shame when the greatest commodity profit is made by traders.