Cotton Price Trends When O.A. Cleveland Talks Pricing, People Listen

摘要

In the U.S. cotton industry, few names draw greater attention than that of Dr. O.A. Cleveland, the noted economist and professor emeritus from Mississippi State University. Born in Canton, Mississippi, in 1950, Dr. Cleveland has always been well-knownin the agricultural community, but his visibility reached an even higher level of prominence when cotton prices began to skyrocket last year. In October 2010, he predicted that cotton could exceed $1.25 - a statement that some said he made simply to besensational. People said the same thing in February 2011, when he predicted $2 cotton.Suffice to say, no one is making those types of claims anymore.