It has been a tough go recently for U.S. cotton growers. One group in Texas says they are still just trying to break even.
“We’re still following very short of where a break-even price for a producer is today. Cotton buying, for example, the break-even price when compared to an average production history or an individual base yield. Now we’re looking at 90 something cents or plus in order to meet the demand of cost of production,” said Kody Bessent, CEO of Plains Cotton Growers.
Bessent says this is why crop insurance is so valuable. Corn, wheat, sorghum, and peanuts are also feeling the pinch.
Related Stories
March pork gains lifted total meat production, but first-quarter output still ran below last year.
Austin Rice with Specialty Risk Insurance shares guidance on handling storm damage, navigating the insurance claims process, and managing risk during a volatile planting season.
California almond acreage tightens while pistachios shift into an off-year, shaping a mixed outlook for prices and supply in the tree nut market.
New treatments offer hope, but challenges remain for beekeepers.
Growers are making progress with planting despite dry conditions.
Dry conditions are already showing up in pastures across the region this April.
