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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The Louisiana cotton crop is the smallest on record, but strong yields are a silver lining. LSU AgCenter’s Craig Gautreaux reports from northeast Louisiana.
Market analyst Kevin Huddleston said news of trade deals could rebound cotton prices in late fall, and producers need to be ready to strike deals.
Farmers will need to closely monitor forecasts if the regulatory changes are implemented, as temperature cutoffs will replace fixed spray dates.
Strong corn exports are anchoring U.S. trade, while soybean sales remain steady, but shipments lag.
