Tuesday, October 16, 2012

Cotton Crop In China

The cotton crop in USA is a big export item, heavily subsidized.  It is about to need more money to keep going, as the Chinese exploit their natural advantages to feed the market for cotton.

As late as the 1990s imported cotton garments from China were made of USA grown cotton.  As that market shrinks, new opportunities grow in China.  USA will no doubt double down on subsidies, denying the rest of us what good would come from ending cotton crop subsidies in USA.  O well.

The third page of the article looks at the harvest from the picker's point of view.  Very interesting.

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