Effects of the Drought in Texas on Cotton Fields and Jobs Somervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas


 

Effects of the Drought in Texas on Cotton Fields and Jobs
 


16 September 2011 at 12:39:47 PM
salon

Businessweek

The month before cotton reached its highest price ever in March, Brad Heffington bought a 7760 John Deere (DE) picker for $500,000 to help get as much “white gold” as he could out of his 6,000 acres in West Texas. Seven months later the harvester is for sale. The 43-year-old farmer’s crop is wilting; the few plants left are too short for the massive piece of equipment to handle, he says.

At least 65 percent of his crop is gone as drought crushes growers’ chances of benefiting from record prices. “It’s going to be the year of wisha, shoulda, coulda,” says Heffington, who has farmed in the biggest cotton patch in the top-exporting country on the planet for 23 seasons. “It’s terrible not to be able to take advantage of these prices.”

....

The stretch from October 2010 to August 2011 was the driest 11-month period in Texas since 1895, when the National Weather Service started tracking such things. Governor Rick Perry, a Republican Presidential candidate and son of a cotton farmer, recently asked supporters to pray for rain. The government estimates 33 percent of the U.S. cotton crop will be lost, topping the record of 27 percent in 1933.

“It’s an unmitigated disaster,” says Darren Hudson, director of the Cotton Economics Research Institute at Texas Tech University. He says production in West Texas could fall from the 10-year average of about 4.5 million bales to 1.5 million.

The industry, which employs an estimated 38,000 people in the state, generates about $6 billion of economic activity in West Texas. This year that amount may be sliced by 75 percent, Hudson says. “The people who are really going to be hurt bad are all the service industries,” says Jay Yates, a risk specialist with Texas AgriLife. “Our warehouses are going to be empty. All those forklifts that load cotton won’t be rented.”

In other words, Texas will be losing jobs due to weather...

 

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salon > Quick update on this, via Pacer-Click on pic to see larger (Turk Case Update- Telephone Conference Hearing Set for March 8 2019 )

salon > Lance Been awhile. Send me an email at salon@glenrose.net with the names of who you're talking about, above. Also, the newspaper editor is no longer local, ie officed here, but the paper is run.... (What Happened to Jerry Jacene? )

LanceHall > I'd love to see the Hotel Guest books and see if Jacene's name shows up long before he officially *found* the tracks.  I'd like to know if the Visitor's Bureau has emails wit.... (What Happened to Jerry Jacene? )

LanceHall > I see the land or that part of it is now in the hands of Glen Rose's own Corky Underwood. Is Jacene still involved?   I had already informed the Visitor Bureau manager (who's.... (What Happened to Jerry Jacene? )








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