The U . S . government currently guarantees 52 cents a pound for upland cotton _ a subsidy of about 150 percent over the " adjusted world price " of 21 cents.
22.
Livingstone turned to cotton from 1903 : growing Upland cotton called Nyasaland Upland, and in 1908 planted 1, 000 acres at Magomero with it; this was increased to 5, 000 acres by 1914.
23.
The demand for cotton presented an opportunity to planters in the Southern United States, who thought upland cotton would be a profitable crop if a better way could be found to remove the seed.
24.
With a cotton gin a man could remove seed from as much upland cotton in one day as would have previously taken a woman working two months to process at one pound per day.
25.
"If the supply of upland cotton goes down, the price would go up, and the price of extra-long cotton then would rise too, " says Amin Abaza, president of Alcotexa, Egypt's quasi-governmental cotton exporting agency.
26.
Corn farmers are slated to receive $ 3.4 billion in total payments for 1997; wheat, $ 1.4 billion; upland cotton, $ 639 million; rice, $ 461 million; grain sorghum, $ 347 million; barley, $ 117 million; oats, $ 8 million.
27.
The quantity imported under this special import quota during any marketing year ( August 1-July 31 ) is limited to 10 week's domestic mill consumption of upland cotton as established in the first special import quota of any marketing year.
28.
With a cotton gin ( 1792 ) in one day a man could remove seed from as much upland cotton as would have previously taken a woman working two months to process at one pound per day using a roller gin.
29.
Corn farmers are slated to receive $ 3 . 4 billion in total payments for 1997; wheat, $ 1 . 4 billion; upland cotton, $ 639 million; rice, $ 461 million; grain sorghum, $ 347 million; barley, $ 117 million; oats, $ 8 million.
30.
The plan, which is the equivalent of paying Kellogg's to buy U . S . corn, is known as the upland cotton marketing certificate program, and was started in 1990 when U . S . cotton was selling at a much higher price than foreign cotton.