Arizona Cottonseed Prices Reach Record Highs In 2015
Cotton harvesting in Arizona is halfway over this year, according to the United States Department of Agriculture, and farmers are getting record prices for the seed.
Some farmers are shifting away from cotton because of low prices for the fiber. But in 2015, average cottonseed prices in Arizona reached $320 per ton, the highest price on record.
Arizona Cotton Growers Association President Paul Ollerton says the state’s seeds are also prized for planting.
“It got to the point where they found out you could get quality cottonseed grown out of the Southwest desert. Our drier fall climates gave it better quality or more consistent quality.”
Ollerton says about a third of Arizona cotton planted is grown for seed.