A northeast Arkansas farmer says he’s slightly more optimistic about this year’s cotton crop than he was at the start of the year.
Derek Haigwood tells Brownfield he’s looking for opportunities. “Hopefully we can get a little spike in the price in the futures markets,” he says. “And I can lock in some more bales and more pounds.”
He says he could have planted that acreage to corn. “But with the price of corn bouncing around, I really like to go to cotton,” he says.
Haigwood says cotton farmers were faced with difficult decisions earlier this year as prices were below the projected cost of production.