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Texas’ Cotton Industry Is Facing Its Worst Harvest In Years — Costing The State More Than $2 Billion

Texas’ Cotton Industry Is Facing Its Worst Harvest In Years — Costing The State More Than $2 Billion

By Jayme Lozano

Cotton production has been decimated by drought and extreme heat this year, costing Texas High Plains farmers and other agricultural industries at least $2 billion, according to one estimate.

“There’s just not much crop out there,” said Brad Heffington, a cotton farmer in Littlefield. “A lot of cotton burned up and a lot of it never even made it up to begin with.”

Heffington’s farm is about 40 miles northwest of Lubbock in the state’s High Plains, an area that stretches from Lubbock to the tip of Panhandle and covers 42 counties.

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USDA surprised with higher 2026 U.S. corn yields but it’s early with just over 20% of the U.S. harvest complete. NE, IA and IL corn and soybean yields continue to hold up the national average corn and soybean yields.
U.S. corn crop conditions fell 3% to 54% G-E and NE corn yield goes up 11 bpa with the 2nd wettest to record wet month of September and harvest only 15% complete??????
Some regions in the U.S. had the hottest summer in 140 years while others had record flooding?????
The Black Sea region is worse not better.
Brazilian real rally.
Brazil looks dry into November.
+ CFTC.