USDA has approved both the Cotton Board’s and Cotton Incorporated’s 2009 budgets. The Cotton board budget totals just under $4.7 million while Cotton Incorporated’s approved budget consists of $78 million in program funding and $3 million in supplemental funding. Cotton Board CEO Drayton Mayers says that money is going directly to help producers increase profitability.
See details of the budget here.
Listen to report here: