Texas' cotton industry is facing its worst harvest in years -- costing the state more than $2 billion
by Jayme Lozano, Texas Tribune
LUBBOCK Cotton production has been decimated by drought and extreme heat this year, costing Texas High Plains farmers and other agricultural industries at least $2 billion, according to one estimate.
Theres just not much crop out there, said Brad Heffington, a cotton farmer in Littlefield. A lot of cotton burned up and a lot of it never even made it up to begin with.
Heffingtons farm is about 40 miles northwest of Lubbock in the states High Plains, an area that stretches from Lubbock to the tip of Panhandle and covers 42 counties. The region produces an abundance of cotton and cottonseed, accounting for 66% of the states total yield. Its more than a third of the nations total crop. Its 4% globally.
In a good year, cotton production can net $4 billion to $5 billion for the High Plains economy alone. The International Center for Agricultural Competitiveness at Texas Tech University estimates cotton production in the High Plains will be down by $2 billion this year.
Read more:
https://www.texastribune.org/2022/08/31/texas-drought-cotton-farming-economy/