- INDUSTRY COMMENTS
How important is it to maintain a viable
We definitely need to maintain the infrastructure for cotton. This industry is good for our country’s economy, and I’m very optimistic about its ability to make a comeback. We’ve had ups and downs in the past, but our industry has a lot of resilience. I have always remembered what my father told me when we were growing up on the farm. He said no matter what the situation, cotton would always pay the bills. I still believe in what my father said, and that’s why I’m a part of this industry.
This is a very important issue for cotton because the industry represents an important commodity for the United States ag economy. Cotton’s history runs deep in the history of agriculture. Because of that, we simply have to protect its infrastructure. We are certainly aware of this fact at John Deere. That’s why we devote so much to our research and development programs.
Cotton has been a great crop for the southern part of the country, and I’m hearing a lot of talk about a potential increase in acreage soon. I heard these reports at the Mid-South Farm & Gin Show in Memphis. It’s a real understatement to talk about how important cotton’s infrastructure is to the overall industry. If we maintain that infrastructure, we can weather any kind of situation and look forward to an increase in acres in the near future. Americot certainly has a positive outlook, and that’s why we’re continuing to introduce new varieties and are committed to cotton.
When you look at the rest of the world, you have to assume that there will be a larger need for food production, and that could present some excellent opportunities for U.S. cotton. A healthy infrastructure is the foundation for this industry. That’s where it all starts. No matter what we’re going through now, we can emerge from this and be even more efficient and ready to compete against the rest of the world. That’s definitely a plus.
My first reaction to this question is that the cotton infrastructure in the United States is about as big as the automobile infrastructure – although we’re not receiving any stimulus package from the federal government. Our infrastructure includes the equipment companies, tractor dealers, implement dealers and so many others. Agriculture and the cotton industry are big contributors to this country’s economy, and I’m proud that we’re doing all we can to do our part in this effort. We’re all in this together, and I’m still optimistic.