I just bought a medium (20X10X10) sized bail of cotton that looked vintage tonite and paid $50 for it..... hope that gives you an idea of about how much they are worth.
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You can get roughly a Bale an acre. If you are luckys maybe a bale and half. You can pick by hand in a full day a bale, only if you are a good worker. That's 500 pounds of cotton.
Here in Wisconsin it is going for around $35 a bale.
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you can 150,000 pairs of socks
That all depends on the size of the bale, the type of bale being sold and the composition of that bale. It also depends on your location.