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Soaring Cotton Prices
Technorati ^ | May 23, 2011 | Rick Bickling

Posted on 05/23/2011 9:05:10 PM PDT by orsonwb

You may soon feel the financial sting as soaring cotton costs work their way from the cotton fields, to the textile mill, to the apparel manufacturer, to the retailer, and finally to that new pair of pants or dress you’ve had your eye on...

(Excerpt) Read more at technorati.com ...


TOPICS: Business/Economy; Front Page News
KEYWORDS: cotton; inflation; retail

1 posted on 05/23/2011 9:05:14 PM PDT by orsonwb
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To: orsonwb

Why? Did they find a way to make windmills out of cotton?


2 posted on 05/23/2011 9:07:55 PM PDT by DManA
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; ColdOne; Convert from ECUSA; Delacon; ...

This is because of the cotton ethanol subsidy. NO MORE IMMORAL BURNING OF OUR CLOTHES!

Thanks orsonwb.


3 posted on 05/23/2011 9:12:40 PM PDT by SunkenCiv (Thanks Cincinna for this link -- http://www.friendsofitamar.org)
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To: orsonwb

I thought cotton prices had started soaring months ago. Thank goodness for polyester.


4 posted on 05/23/2011 9:12:43 PM PDT by ilovesarah2012
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To: orsonwb

I wonder how it will affect me. All my clothes seem to be made in Bangladesh, Vietnam or Mexico.


5 posted on 05/23/2011 9:13:45 PM PDT by Inyo-Mono (My greatest fear is that when I'm gone my wife will sell my guns for what I told her I paid for them)
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To: orsonwb

The Lubbock area produces a large percentage of the U. S. cotton crop and it has been bone dry this year.


6 posted on 05/23/2011 9:21:08 PM PDT by Ranald S. MacKenzie (It's the philosophy, stupid.)
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To: Ranald S. MacKenzie

Mississippi River delta crop is washing away.


7 posted on 05/23/2011 9:25:36 PM PDT by FlyingEagle
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To: orsonwb

The WSJ just had a timely article about spinning dog hair into yarn and weaving cloth with it. Maybe we don’t need that cotton, anyway, if we can just accumulate enough dog hair...


8 posted on 05/23/2011 9:35:31 PM PDT by married21 (As for me and my house, we will serve the Lord.)
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To: orsonwb

With most of the cotton-growing areas of Texas experiencing a severe drought, while the Mississippi River cotton fields have been flooded, the crop this year will yield less than average. So lack of supply and commodities speculators, will most certainly drive the price up to new highs.


9 posted on 05/23/2011 9:41:22 PM PDT by kittymyrib
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To: ilovesarah2012

“Thank goodness for polyester.”
Uh...you do know that polyester is made from oil, not much of a relief from high prices.


10 posted on 05/23/2011 9:43:48 PM PDT by kittymyrib
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To: orsonwb
Well, this is great!! Just in time for Detroit to bulldoze large swaths of land to plant cotton on and then have the folks democrat fascists have shoved into welfare plantations to out and tend the cotton. A real dream come true for the democrat party, the party that has always been the home of racists and eugenics advocates.

Yeah, there's nothing like those folks working to get their benefit check for a change. They can work in the fields during the day and at night they can sing, dance, and breed. The democrat party will finally have gotten things back to where they had them before the War of Northern Aggression screwed them up. Of course, if Detroit is a bad climate for cotton, there's always Atlanta.

11 posted on 05/23/2011 9:45:27 PM PDT by Rashputin (Obama is insane but kept medicated and on golf courses to hide it)
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To: SunkenCiv; orsonwb

#Egypt - 10,000s Acres of Cotton Threatened by Lack of Diesel Fuel to Run Irrigation Systems http://tinyurl.com/3zrb8h2


12 posted on 05/23/2011 10:03:46 PM PDT by LucyT
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To: ilovesarah2012

Yeah, polyester is an oil based product, that is one reason why cotton soared. Usually the competition between the man-made fibers and natural fibers keep both products competitive but it is all up for grabs this year.


13 posted on 05/23/2011 10:51:34 PM PDT by tiki
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To: ilovesarah2012

I didn’t even answer your question, it started soaring in late July last year and attained a high of over 2 dollars a pound, it is now down to a little over a dollar fifty.

In the past if synthetics didn’t quell the price, farmers would plant so much cotton that the price would fall quickly but with every farm product being worth so much more farmers are sticking with the same game plans and most aren’t jumping in to cotton.


14 posted on 05/23/2011 10:56:57 PM PDT by tiki
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To: orsonwb

It’s horrible. Costco’s Kirkland brand jeans went from $12.99 to $13.99; and the quality is excellent.


15 posted on 05/23/2011 11:37:08 PM PDT by SeaHawkFan
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To: married21
What about mohair?

16 posted on 05/24/2011 3:34:41 AM PDT by Repeal The 17th (Proud to be a (small) monthly donor.)
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To: Repeal The 17th

Is that Pete Rose?


17 posted on 05/24/2011 3:44:11 AM PDT by Mr. K (this administration is WEARING OUT MY CAPSLOCK KEY~!! [Palin/Bachman 2012])
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To: kittymyrib

It was a joke.


18 posted on 05/24/2011 5:08:06 AM PDT by ilovesarah2012
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To: Repeal The 17th

HaHa!


19 posted on 05/24/2011 6:46:39 AM PDT by married21 (As for me and my house, we will serve the Lord.)
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To: SeaHawkFan

My favourite pair of jeans have doubled in price this year.


20 posted on 05/24/2011 6:56:42 AM PDT by Mountain Bike Vomit Carnage (Live every week like it's Shark Week!)
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To: orsonwb; nw_arizona_granny; CottonBall; Kartographer

Time to stock up on fabric at Joann’s.

As if I needed any more....


21 posted on 05/24/2011 7:50:11 AM PDT by metmom (Welfare was never meant to be a career choice.)
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To: metmom

Don’t forget Q-tips!


22 posted on 05/24/2011 8:57:52 AM PDT by de.rm ('Most people never believe anything you tell them unless it isn't true."-Groucho Marx)
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To: Mr. K
Is that Pete Rose?

Oh, a wiseguy, eh?

23 posted on 05/24/2011 10:20:01 AM PDT by Dahoser (Separation of church and state? No, we need separation of media and state.)
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To: married21

“The WSJ just had a timely article about spinning dog hair into yarn and weaving cloth with it.”

In that case, I’ll be a millionaire!


24 posted on 05/24/2011 10:52:06 AM PDT by Pining_4_TX
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To: ilovesarah2012

I believe that polyester is made from oil.....


25 posted on 05/24/2011 12:58:22 PM PDT by metmom (Welfare was never meant to be a career choice.)
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To: metmom

Yes, I know. It was a joke.


26 posted on 05/24/2011 12:59:28 PM PDT by ilovesarah2012
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To: Rashputin
It would be just like the Democrats to plant cotton in location that would not have enough growing season to produce a crop.

Come October the media is blaming the Republicans and the Democrats are asking for more money and government employees.

27 posted on 05/24/2011 1:25:57 PM PDT by oyez (The difference in genius and stupidity is that genius has limits.)
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To: ilovesarah2012

Not so good for those of us who are allergic to polyester. But, fortunately, I can find silk, cotton, linen, and wool clothing at Goodwill for $4-7 each, often with the original price tags still attached!


28 posted on 05/24/2011 5:58:10 PM PDT by Ellendra (Remember the Battle of Athens, Tennessee: Aug. 2, 1946)
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To: Ellendra

I love Goodwill! Always fun shopping there.


29 posted on 05/24/2011 8:06:10 PM PDT by ilovesarah2012
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To: LucyT; AdmSmith; AnonymousConservative; Berosus; bigheadfred; ColdOne; Convert from ECUSA; ...

Thanks LucyT.

But this can’t be — everyone knows the soaring prices of everything are due to the ethanol subsidy and forced adoption of compact fluorescent bulbs.


30 posted on 05/24/2011 8:36:11 PM PDT by SunkenCiv (Thanks Cincinna for this link -- http://www.friendsofitamar.org)
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