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
Dr. Jeffrey Gold discusses eye protection and injury prevention in everyday agricultural activities on Rural Health Matters.
Prepare for tighter cash flow, delayed capital buys, and policy-driven risk management this fall.
Jed Bower, the incoming president of the National Corn Growers Association, joined us for his sector’s perspective on the ongoing government shutdown.
Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
Delaware FarmHER Katie Evans turns “ugly” produce into delicious treats through her nationally recognized brand, The Frozen Farmer
Crop insurance remains a vital tool for managing climate-driven risk.
