Column: Cotton industry must shrink or swim, growers told

Bill Dunavant III predicted in a speech to the American Cotton Producers Jan. 30
that the cotton industry will have to shrink or swim.

“The industry is in a very difficult position,” he said. “We have to shrink or swim.”

Dunavant, president of the American Cotton Producers, said the industry is in a “very difficult position” because of the low price