Home / Knowledge / News / Textiles / Provide safety net for cotton growers: Congress to Trump
Provide safety net for cotton growers: Congress to Trump
20
Jul '17
A bipartisan Congressional coalition has called attention of President Donald Trump to the ongoing economic struggles of thousands of American cotton farming families across the country and their need for an effective safety net. The coalition has asked Trump to use his authority to operate on an ongoing basis the Cotton Ginning Cost Share Program.

The letter signed by 109 Democrats and Republicans reads, “Mr. President, in an effort to help stabilise the entire industry, we strongly urge you to use your authority to operate on an ongoing basis the Cotton Ginning Cost Share Program effective beginning with the 2016 crop year.”

“The cost share program, administered by the department of agriculture, is desperately needed to provide policy stability in the absence of a comprehensive policy for cotton farmers in the existing farm bill to effectively respond to sustained and deep economic losses due to price and revenue declines. This cost share program was operated by the previous Administration for the 2015 crop year and is an effective and efficient means of providing economic relief to America’s cotton farming families,” the letter noted.

The Congressmen said that without some action by the Federal government, American cotton farming families will continue to see their equity erode or take on a greater debt load as they hope to keep their family farms in operation. They argued that America’s cotton farming families are struggling to compete on a lopsided global playing field heavily weighted to its competitors in countries like China and India that benefit from sharply rising government subsidies.

They cited that over the past decade, the numbers of businesses involved in the ginning and warehousing of cotton have declined by 33 and 21 per cent, respectively. “It is imperative that we protect the remaining 20,000 businesses in this industry that employ 126,000 people and generate over $21 billion in revenue or America risks losing this important sector of our economy in the same way we lost much of our textile industry, once the largest part of the US manufacturing sector.” (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Top 15 US fashion brands are collectively worth $70 bn

Fashion | On 22nd Jul 2018

Top 15 US fashion brands are collectively worth $70 bn

The top 15 American fashion brands are collectively worth close to...

Courtesy: Covestro

Textiles | On 22nd Jul 2018

Covestro's new products for waterproof textile coating

Covestro, which is among the largest polymer companies, has unveiled...

Evogene, IMAmt to work together in insect resistance

Textiles | On 22nd Jul 2018

Evogene, IMAmt to work together in insect resistance

Evogene, a leading biotechnology company developing novel products...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search