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Cotton production is a $21 billion-per-year industry in the United States, employing over 125,000 people in total, [1] as against growth of forty billion pounds a year from 77 million acres of land covering more than eighty countries. [3]
Estes estimated 80% to 85% of cotton planted in 2023 did not reach harvest this year, and majority of producers drew on crop insurance to cover expenditures and lost revenue. As of Dec. 21, the ...
Camp v. United States; Cargill Cotton; Cotton Belt; Cotton Board (United States) Cotton Futures Act; Cotton Futures Act of 1916; Cotton Incorporated; A Cotton Office in New Orleans; Cotton Press (Latta, South Carolina) Cotton Press (Tarboro, North Carolina) Cotton Research and Promotion Act; Cottonseed Oil Assistance Program; Cullars Rotation
The 25,000 cotton growers in the United States are heavily subsidized at the rate of $2 billion per year although China now provides the highest overall level of cotton sector support. [108] The future of these subsidies is uncertain and has led to anticipatory expansion of cotton brokers' operations in Africa.
The main producer of cotton, as of December 2016, is India, at 26%, past China at 20% and the United States at 16%. [64] The leading cotton exporter is the United States, whose production is subsidized by the government, with subsidies estimated at $14 billion between 1995 and 2003.
Between 1930 and 1942, the United States' share of world soybean production grew from 3% to 47%, and by 1969 it had risen to 76%. By 1973 soybeans were the United States' "number one cash crop, and leading export commodity, ahead of both wheat and corn". [8] Although soybeans developed as the top cash crop, corn also remains as an important ...
The invention of the cotton gin caused massive growth in the production of cotton in the United States, concentrated mostly in the South. Cotton production expanded from 750,000 bales in 1830 to 2.85 million bales in 1850.
Today, Cotton’s message of mercy and understanding toward people who have done us harm, or who we fear will do us harm, is much-needed balm for a nation that has been polarized by figures and ...