What is in this article?:
- Local ag income follows national trend
- Cotton crop up
- S. Texas ag income up
- Better weather helped yields
- National situation also better
Cotton crop up
The cotton crop was an above normal crop for the most part, hampered only by a dry May and then rain late in the season, especially at harvest. Farmers harvested about 104,049 acres of cotton for an average yield of 866 pounds of lint per acre valued at $78 million.
Overall, when accounting for all ag income, including Farm Program payments and value of hay produced, projections for Nueces County in 2010 come to $170.3 million. That is a significant increase from the last banner year we had back in 2003.
On a national scale, ag income is up as well.
According to USDA Economic Research Service, the U.S. net farm income is forecast at $81.6 billion in 2010, up $19.4 billion (31 percent) from 2009. The 2010 forecast is $16.7 billion above the average of $64.8 billion in net farm income earned annually in the previous 10 years and is the third largest amount of income earned in U.S. farming in nominal terms.
It looks like the Agricultural Industry is leading the way in the slowly recovering economy. Now all we need locally is Santa Claus to bring some good rains, as we are unusually dry for this time of year, with no relief in sight.
A note from the Live Oak County Extension Agent reports an 8 hour CEU program on Thursday, January 6, 2011, at the Ray Point Community Center beginning at 8:30 a.m. All wanting to participate are asked to RSVP to 361-449-1703 by January 4, 2011. Topics will include: Transporting Ag Equipment on Texas Highways, Insect Management, Sprayer Calibration, Fever Tick Update, Feral Hog Management, Pesticide Laws and Brush Management.
Registration is $25 per person.
Until next time, best wishes for a safe and enjoyable Holiday Season.