In the first of two presentations on economics and marketing at the 2023 Georgia Cotton Commission Annual Meeting, Yangxuan Liu, University of Georgia Economist, presents data on fluctuations in cotton prices, global cotton production and prices, and U.S. production and prices, along with market indicators to watch for in 2023. Note that this presentation reflects economic conditions in late January 2023. (See the second presentation by Amanda Smith, University of Georgia Economist.)