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Cotton fields in the United States. The United States exports more cotton than any other country, though it ranks third in total production, behind China and India. [1] Almost all of the cotton fiber growth and production occurs in the Southern United States and the Western United States, dominated by Texas, California, Arizona, Mississippi, Arkansas, and Louisiana.
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Later that year, Cotton Council International was formed; its goal was to assist the Foreign Agricultural Service division of USAID. [6] In 1960, the Cotton Producers Institute was established to promote research and education about American cotton. [6] Four years later, in 1964, one single system of price was established for American cotton. [6]
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In 2018, the Cotton Board collected $88.1 million in assessments, $38.5 million of which were from cotton and cotton article importers. [4] Its 2018 assets stood at $120.5 million, of which $68.2 million were immediately liquid, with $25 million in long-term investments.
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