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A independent economic evaluation of the Cotton Research and Promotion Program, run with a Texas Tech simulation model, concludes the program has raised grower revenue, expanded production capacity and supported cottonseed prices. Cotton Incorporated's budget has averaged about $79 million over the past decade.
The findings support continued checkoff funding for cotton research and promotion, but they describe past effects and do not signal a near-term change in cottonseed meal supply or price.
cottongrower.comBill GillonDec 22, 2021cottongrower.comJim SteadmanDec 22, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
