KWES-NBC & The Associated Press / 4-30-07LUBBOCK, Texas - Cotton producers in Texas and across the country will see a 15 percent
drop in their net income. That's according to economists at Texas Tech University.
Over five years, the decline will average 11 percent.
That drop would come from a Bush Administration proposal that seeks to make cotton
more market-oriented, more predictable, less market distorting and better able to
withstand challenge under global trade agreements.
Texas is the nation's largest producing cotton state, and the South Plains in West
Texas is the world's largest contiguous growing patch.