USDA to provide Arizona cotton farmers one time assistance of $300mn

The United States Department of Agriculture to provide Arizona cotton farmers a total of $300 million in one-time assistance to tackle low 2015 cotton prices. Starting this week, Arizona farmers can apply for the program.

Arizona, along with California and New Mexico, can get up to $97 an acre — that’s the highest regional payment allowed, almost double that of mid-south states. But payments are capped at $40,000 per applicant.

The higher amount in the West comes from regional costs of ginning cotton and how much more cotton per acre the area can produce.

Rick Lavis, director of the Arizona Cotton Grower’s Association said that they believe this is an appropriate opportunity to strengthen the cotton industry, in Arizona particularly.

The acres of cotton grown this year in Arizona have gone up but as China controls the market, cotton prices in the last few years have dropped sharply.

Local farmers have a chance at the highest dollar per acre for their cotton grown last year.

Recent Posts

GFA, ReHubs launch blueprint to scale textile recycling

Global Fashion Agenda and ReHubs have launched the 2030 Circularity Blueprint to strengthen T2T recycling and support the transition toward…

3 hours ago

Accelerating Circularity to improve T2T recycling collaboration

Accelerating Circularity has introduced Textile-to-Textile Circularity Foundations to improve coordination and implementation in T2T recycling systems.

3 hours ago

Claras Materials LLC to strengthen textile supply for recycling

Claras Materials LLC has announced its launch as a specialised supply chain company focused on post-consumer textile raw materials.

1 day ago

Aegis Fibretech develops material for fusion neutron shielding

Aegis Fibretech has presented results showing that its new electrospun materials can capture and contain neutrons generated in nuclear fusion…

1 day ago

Denim Deal, World Collective to scale circular denim production

Denim Deal, an initiative to promote circular practices in denim production, is working toward expanding textile recycling efforts in India…

2 days ago

NFW introduces biobased alternative to traditional rubber outsoles

Natural Fiber Welding (NFW), based in Peoria, Illinois, has introduced Pliant footwear outsoles made entirely from bio-based natural rubber.

2 days ago