The Farm Bill and congressional ad hoc spending take care of farmers and ranchers during difficult times.
However, things change when a crop cannot be harvested. That is especially true in the cotton industry, where there’s no safety net for gins, warehouses, and others who process raw cotton.
Texas is working to change that.
Tony St. James has the story.
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Cotton margins improved slightly, even as fertilizer and fuel costs rose due to the Strait of Hormuz disruption linked to the Iran war.
Cotton prices improved last week, but drought, storms, and uneven planting are keeping risk elevated.
Corn and cotton gave the strongest signals this week, while soybean demand remained softer than in the previous report.
University of Arkansas researchers are working to help farmers reduce grain waste and get more value out of their crops.
Dry conditions have severely impacted key winter wheat states with persistent moisture deficits. As quality declines, analysts warn some crops may be lost despite upcoming rain.
