Is Comeback Inevitable?
Economists Across The Belt Point To Encouraging
Market Signals For 2010
Tommy Horton
Cotton Has A Home In Texas
Smith isn't ready to project a specific number for how improved prices will affect increases in Texas cotton acreage in 2010. But he knows that the 4.9 million bale figure that the state produced in 2009 could easily increase by one million bales in 2010.
That's a far cry from the 8 million bales produced in Texas just a few years ago. But Smith says that was an unusual year when everything "fell together perfectly."
Even if prices fell back to loan levels, Smith believes cotton will always be planted in the Lubbock area.
source : cottonfarming
Economists Across The Belt Point To Encouraging
Market Signals For 2010
Tommy Horton
Cotton Has A Home In Texas
Smith isn't ready to project a specific number for how improved prices will affect increases in Texas cotton acreage in 2010. But he knows that the 4.9 million bale figure that the state produced in 2009 could easily increase by one million bales in 2010.
That's a far cry from the 8 million bales produced in Texas just a few years ago. But Smith says that was an unusual year when everything "fell together perfectly."
Even if prices fell back to loan levels, Smith believes cotton will always be planted in the Lubbock area.
source : cottonfarming
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