Cotton: Background and Issues for Farm Legislation

Leslie Meyer ; Stephen MacDonald

United States Department of Agriculture

关键词: Cotton;    production;    consumption;    trade;    costs and returns;    farm programs;    WTO;   

RP-ID  :  CWS-0601-01

学科分类：农业科学（综合）

美国|英语

来源: United States Department of Agriculture Publications

【 摘 要 】

Since passage of the 1996 farm legislation, U.S. cotton production and demand have nearly equaled each other, keeping stocks virtually unchanged. However, U.S. cotton producers have experienced deteriorating product prices coupled with declining yields during this period. Farm prices for upland cotton dropped 40 percent from their recent peak in 1995/96 to 45 cents per pound in 1999/2000, prompting considerable concern for the industry as the new farm legislation debate develops.