Not since the Reconstruction Era had the price of cotton reached the heights that it did during the period of the first World War. Very few cotton farmers of 1916-1919 could remember personally the 44 cent cotton of 1865, or even the 20 cent cotton, for after 1872 and until the beginning of the war in Europe in 1914, the price remained below 20 cents. Much of this time southern cotton brought less than 10 cents a pound, in 1914 it was only 8.9 cents. From this low price however, cotton advanced to 19.3 cents in 1916, 29.6 cents in 1917, 31 cents in 1918, and 36.3 cents in 1919, the highest in fifty-four years.
"Thirty Cent Cotton at Lloyd, Florida 1916-1919,"
Florida Historical Quarterly: Vol. 49
, Article 3.
Available at: https://stars.library.ucf.edu/fhq/vol49/iss3/3