Picture of the week: Cotton Fields in Brazil

This picture of cotton plants comes from the Bahia region of Brazil. Cotton prices have been on a very steep increase lately. The current price of cotton is up to $1.36 per pound for the March 2011 contract. Cotton prices have more than doubled over the past 12 months. Read our recent article about the surge in cotton price at http://farmlandforecast.colvin-co.com/2010/09/28/cotton-prices-near-15-year-high.aspx.

Remember, we are always looking for more agricultural pictures from anywhere in the world. Submit pictures to farmlandforecast@colvin-co.com.

 

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