Cotton prices are going up

I am highly upset about the fact that the fabric industry is raising prices up to 50% this year.Cotton batting went already up and for fabric it is just a matter of time before the normal quilter can't afford to make a quilt anymore.
What happened to made in the USA...Hello cotton used to have a market over?

CNN stated:

The reason: Cotton prices have nearly doubled this year, hitting a near 15-year high following a chain of events among major Asian cotton producers that has choked off global supply.
The price of raw cotton reached 90 cents a pound this year, up from the 40 or 50 cent average, said Mark Messura, an economist and vice president with Cotton Incorporated.
Cotton domino effect: First, a drought in China, the world's largest cotton producer and consumer, damaged crops there and forced the nation to ramp up cotton imports to make up for the shortfall.
Meanwhile, the world's second-biggest cotton producer, India, restricted its exports to protect domestic supplies and prices.
At the same time, Pakistan, another major cotton producer, was hit by devastating floods, further exacerbating the cotton shortage and boosting raw cotton prices even higher.

Not happy, not happy at all