I am a quilter living in "cotton country" Texas. The cotton prices are by far the highest in history. No we are NOT cotton farmers! The prices are being forced up because India and China are BIG buyers of cotton in todays markets. Their economic situation is improving and they have more $$$$ to spend. So I guess you could say it is global pricing and we will feel the pinch in clothing, bedding and any thing made from cotton. Quilt fabrics are the first to go up as far as I can tell!