First off I work in a LQS and although not privy to the whole sale prices per se, my boss has shared how much freight per yard has risen. It is not uncommon for freight costs to be 60 to 70 cents per yard depending on the distributor.
Thanks for the articles Peckish. The spike in prices in 2010 was due to devastating floods in Pakistan and it looks like another poor crop in 2020 is affecting world production as well. Looking at the future of cotton here in the US is a predicted +5% reduction in cotton acreage in addition to the poorer crop output. We do live in a global market. Believe me I know as a now retired dairy farmer we have lived in a world dairy market for years.