Great American Cotton Plan and WOTUS Rule Finalization
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**The USDA announced a new Great American Cotton Plan, saying it aims to strengthen cotton farm income, expand trade and increase demand for U.S.-grown cotton.
USDA said the plan includes support for domestic textile manufacturing and a broader “Plant Not Plastic” initiative
promoting cotton-based products.
Ag Secretary Brooke Rollins says the effort is intended to restore profitability for cotton producers and rural communities.
It also supports the Buying American Cotton Act.
**EPA Administrator Lee Zeldin says they’re working to finalize a new Waters of the U.S., or WOTUS, rule but is prioritizing legal durability as it seeks a definition that can withstand future court challenges and political shifts.
Zeldin says the EPA wants to complete the rule as soon as possible but has not set a timeline.
The regulation determines which wetlands, streams and other water bodies fall under federal protection through the Clean Water Act.
**Financial pressures continue to challenge farmers as low commodity prices, rising input costs and higher borrowing rates weigh on farm profitability.
Ag economists say many producers are entering the summer growing season focused on preserving cash flow and controlling expenses.
While recent trade developments have improved expectations for ag exports, analysts caution that stronger overseas demand may take time to translate into higher farm income.
