Cotton growers are hoping to get their share of the Farm Bill pot.
We spoke with a Texas farmer who tells us while it has been a rough couple of years for cotton, he is optimistic about the current makeup of Congress and those on the ag committees.
“There’s a lot of appetite, I would say, to really come together, work together to enhance the policy that we have on the books today, and really kind of walked along and make sure that the policy that is being developed is substantial. That will help over the next four to five years in the length term of a farm bill process,” said Kody Bessent.
Cotton growers have had a rough go recently, with break-even prices for last year’s cotton around $0.70-$0.80 per pound. Just recently, the National Cotton Council updated planting intentions for this year, down nearly 15 percent from 2024, which comes out to 9.6 million acres. Extra long staple intentions are also down, nearly 25 percent. The Cotton Council says weather and agronomic conditions have led to the updated acres.
While there is a large push to get the Farm Bill done, it could be some time before it has passed. Our sources in Washington tell us it will likely be summer before it sees any action.
Restored base acres strengthen cotton risk protection.
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