October 18, 2013
Colossal Headache; Cotton farmers sought bank aid in government shutdown
Despite Congress reaching an agreement this week to end the federal shutdown, the agricultural industry in Texas is still feeling its effects. The suspension of some $3 billion worth of federal loans due to the U.S. government shutdown forced some cotton farmers to turn to commercial banks for aid, boosting costs and further complicating the upcoming harvest in the world's largest cotton exporter.
