Originally Posted by kewlquilts
What tragedy has brought on this huge increase in prices? I know gas is expensive, and everything (groceries, clothing, shampoo, etc.) has to be brought in on trucks, but I've never seen or heard about any cotton crop devastation on the news. Good thing I've built a hefty stash!
Back in September, we started hearing news of the demand for cotton vs. the supply. There were natural disasters in the Far East coupled with the economy of planting soy for energy instead of cotton.
The first two pages of this topic give some explanation.
http://www.quiltingboard.com/t-65131-2.htm