Government shutdown disrupts Lubbock cotton market - KCBD NewsChannel 11 Lubbock

Government shutdown disrupts Lubbock cotton market

LUBBOCK, TX (KCBD) -

The cotton harvest is quickly approaching, but this year's government shutdown could likely create some problems.

"It's a little difficult to know this early in the process, but we know there are some things already that are going to affect producers," said Steve Verett, Plains Cotton Growers' executive vice president. "There are a few key people that are there making sure things are protected and shut down and done properly, but I mean, if you call those places there's nobody to talk to."

One of those agencies is the USDA. The agency is important at many stages of the cotton process, and growers rely on them for information.

On Wednesday the USDA website read, "Due to the lapse in federal government funding, this website is not available." It is the same note that was on the door of the local USDA office.

Farming loans have also been put on hold. These loans help growers market their crops and have money while they wait for a buyer. When that buyer comes in, they sell those crops at market price and pay off their loans.

"It's very important because that's the way the market functions," Verett said. "So the shutdown just upsets things and just disturbs or disrupts the marketing chain. And I guess you couldn't have picked a worse time for this to happen, because harvest is going to be well underway in another two or three weeks."

Growers agree that the longer the shutdown lasts, the more problems will arise. That is why they want Congress to resolve the issue.

"We would like to speak to them and resolve the issue," said Wallace Darneille, Plains Cotton Cooperative president and CEO. "Certainly, it could impact the cash flow of farmers. A farmer that has his cotton sold to a third party may not be able to deliver it. America's farmers are collateral damage in a political fight."

Copyright 2013 KCBD. All rights reserved.

  • Local News on KCBD.comNewsMore>>

  • After years of dejection, proponents of gun laws see hope

    After years of dejection, proponents of gun laws see hope

    Saturday, February 24 2018 10:35 AM EST2018-02-24 15:35:23 GMT
    Saturday, February 24 2018 11:08 PM EST2018-02-25 04:08:08 GMT
    The progression has become numbingly repetitive - mass bloodshed unleashed by a gunman, followed by the stories of the fallen, the funerals and mourning. (Source: AP Photos)The progression has become numbingly repetitive - mass bloodshed unleashed by a gunman, followed by the stories of the fallen, the funerals and mourning. (Source: AP Photos)

    "Our kids have started a revolution:" Teens' activism after Florida school shooting has some hopeful for action on gun policy.

    "Our kids have started a revolution:" Teens' activism after Florida school shooting has some hopeful for action on gun policy.

  • NRA, Florida face backlash after latest school shooting

    NRA, Florida face backlash after latest school shooting

    Saturday, February 24 2018 4:36 AM EST2018-02-24 09:36:41 GMT
    Saturday, February 24 2018 11:07 PM EST2018-02-25 04:07:43 GMT
    (AP Photo/Mark Lennihan, File). FILE- In this Feb. 15, 2006, file photo, BlackRock headquarters is shown in New York. U.S. companies are taking a closer look at investments, co-branding deals and other ties to the gun industry and its public face, the ...(AP Photo/Mark Lennihan, File). FILE- In this Feb. 15, 2006, file photo, BlackRock headquarters is shown in New York. U.S. companies are taking a closer look at investments, co-branding deals and other ties to the gun industry and its public face, the ...

    NRA faces corporate backlash after latest school shooting.

    NRA faces corporate backlash after latest school shooting.

  • Congress releases redacted, declassified Democratic memo

    Congress releases redacted, declassified Democratic memo

    Saturday, February 24 2018 4:45 PM EST2018-02-24 21:45:36 GMT
    Saturday, February 24 2018 11:06 PM EST2018-02-25 04:06:59 GMT
    The White House objected to its release Feb. 9, citing national security concerns. Democrats have since negotiated with the FBI on what should be blacked out.The White House objected to its release Feb. 9, citing national security concerns. Democrats have since negotiated with the FBI on what should be blacked out.

    Congress has released a redacted, declassified memo that aims to counter GOP allegations that the FBI abused government surveillance powers.

    Congress has released a redacted, declassified memo that aims to counter GOP allegations that the FBI abused government surveillance powers.

Powered by Frankly