[Michael.SF.]

Could not post it as an image Page down to see table

Here are two examples of higher prices:

1800 - 37¢
1801 - 44¢

By 1850 the price had plummeted to about $.10 dollars per pound. In 1857, it rose to $.15, a fifty per cent increase, but still significantly below earlier years.

[wideawake]

Again, in 1801 most cotton was ginned by hand (the cotton gin had only been patented a few years before and would not be mass-produced until the 1820s) and less than 150,000 bales were produced a year.

As a result, cotton was extremely costly to produce and the price reflected that.

By 1850, cotton was extremely cheap to produce thanks to mass ginning that eliminated millions and millions of man hours of labor - yet demand was still so high that - as your source claims - it's price went up 50% in seven years.