Home / Knowledge / News / Textiles / Hurricane Gustav batters cotton crops hitting farmers hard
Hurricane Gustav batters cotton crops hitting farmers hard
12
Sep '08
Colossal damage blighted farmers as Hurricane Gustav battered through the fields flooding it with as much as 20 inches of rain.

Meteorologists have stated that Gustav wreaked even wider damage on Louisiana farmbelt industries than Katrina did in 2005. It has been found out that almost every crop on every field has been clobbered by the storm bringing about massive damage across the state.

Cotton is among the hardest hit by the hurricane as more than 47 percent of Louisiana cotton crop is estimated to have been lost. This means that the crop would suffer a loss of US $112 million as against the anticipated cash flow of $237 million from the crop before Gustav.

Experts believe that losses have multiplied largely due to the fact that the storm struck right during the peak of the harvest season and as a consequence, the damage will push up the cost of the harvest crops, which was already high due to high fuel and fertilizer costs.

Besides, the yield and quality of crops that would be harvested after Gustav is also expected to decline considerably, in turn, lowering the incomes and prices to farmers.

Federal Government has been moved for providing aid to farmers hit by Gustav but the agriculture commissioner has not quoted any specific amount for assistance.

Must ReadView All

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

View of YiwuTex 2016; Courtesy: YiwuTex

Textiles | On 28th Feb 2017

Smart knitting system to grace 18th YiwuTex 2017

The thematic functional knitting machinery zone at the 18th YiwuTex...

Textiles | On 28th Feb 2017

Over 100 exhibitors expected to participate in IATF

Over a 100 exhibitors are expected to showcase their products at the...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search