U.S. buying time with trade truce that puts Brazil in high cotton
April 20, 2010
Texas' High Plains cotton, worth $2.1 billion a year, accounts for a third of U.S. production, according to estimates from Texas Tech's Cotton Economics Research Institute.
"It's a little distasteful, but it's cheaper than it would have been," said Texas Tech agriculture economist Darren Hudson.
Texas' High Plains cotton, worth $2.1 billion a year, accounts for a third of U.S. production, according to estimates from Texas Tech's Cotton Economics Research Institute.