Gross margins across the industry are tipped to rise in 2018-19, despite expectations of a smaller crop, mostly due to higher lint and seed prices. And if you have an allocation or stored soil moisture, you could be set to achieve higher profits.
The cotton industry gross margins, first released in Dec 2017, have been updated to give an indication of the typical operations and costs of growing ‘best practice’ cotton this season. They don’t represent any one farm or region, but rather provide a starting point for you to put together your own budget over the coming season.
Click here to read what the margins are.