Boothe's
Global Perspectives
ENLIGHTENED JOURNALISM WITH INDEPENDENCE AND OBJECTIVITY
  • Business  

    While Some Economies Suffer, Cotton Prices Rise to High Levels

    It was once said that more cotton was grown in the West Texas Panhandle than most of the "deep south combined", Texas high plains became the mother of cotton in the USA for many years.  by Ben B. Boothe, Editor, Boothe Global Perspectives

    In 2022, the PCCA, an excellent COOPERATIVE (existing to protect the prices of cotton in Texas, Oklahoma, Kansas and New Mexico), reported their warehouse division handled its 4th crop ever harvested, while shipping 60% more rail cotton than the prior year.  Its team supported gins and distributed more than $1.300,000,000 (BILLLION DOLLARS) of payments to growers.   While Russia and Ukraine fight and destroy food crops, Texas and the Southwest continues to grow millions of acres of grain crops, fiber, and livestock feed.    Indeed, it plus the great "farm belt" of central USA, and the specialized food crops grown in California, make the USA self-sustaining for food and grain crops. One of their great secrets, are the "Cooperatives", in America. 

    Cooperatives allow farmers to band together, combine resources and create capital for farming.  They have been huge successes in the USA. Remember the word:  Cooperatives. As a cooperative, it is owned by farmers, a system long used in West Texas, that has been very successful over the last 80+ years.  We have seen agricultural communities create farm cooperatives, for cattle, wheat, and a number of grain and fiber "cooperatives" capital sources.  I recall speaking for a cattleman's association in Amarillo, and a cattleman stood up and called a group "communists" and those present groaned.  Many of the farm communities, simply historically didn't have the capital or bank lenders necessarily to take care of farming financial needs..."Cooperatives have been a successful part of the farm economies in the USA." 

    The Plains Cotton Cooperative helped PCCA growers to average receiving $1.10 per pound for cotton in 2022.   Not bad considering the prices in Augus of 2021 were about 72 cents per pound of cotton, and by June of 2022, the price had risen to 90.30 per pound of cotton,  The PCC (Plains Cotton Cooperative handled 5,089,047 bales of cotton, not bad for a home grown "Cooperative" where the farmers own it and provide the capital, which circles around and finances cotton farmers, often when banks or investors cannot fill the demand. …

     

  • Sep 6, 2022 | Business  

    DATE FARM, MOVE TO CALIFORNIA AND START A NEW LIFESYLE, GROWING DATES

    A DATE WITH YOUR DESTINY? DATE FARM IN CALIFORNIA WHERE? SUBJECT IS IN THE CENTER OF RICH AGRICULTURAL LAND AND NEAR THE REGIONAL AIRPORT AND THE THERMAL CLUB

     

  • Aug 5, 2022 | Business  

    Wow, did you see those 528,000 New Jobs in July!

    528,000 NEW JOBS IN JULY 2022! This economy is hot as a forest fire! That news of this bundle of new jobs, in July, just destroyed my speech about recession. If this is a recession, it is the most unusual recession I have ever witnessed. This 528,000 of new jobs was more than two times what most economists were expecting. Unemployment dropped to 3.5%...

     

  • Apr 13, 2022 | Business  

    INFLATION, CURSE OR BLESSING! MEANS PEOPLE ARE SPENDING AND BUYING!

    We are reading a lot about inflation. After 2 years of various Corona and other viruses, millions of Americans and companies are spending, shopping and expanding again. Ships are still lined up in the Pacific Ocean off of the coast of California, to unload merchandise that American companies have ordered. Now it seems to be popular to gripe about rising prices...

     

  • Mar 4, 2022 | Business  

    COTTON PRICES, INDICATORS LOOK PROMISING FOR 2022-23

    Supply and demand! Farmers, economies, and national exports all understand how important supply an demand is and can be. In 2021-early 2022, the huge agricultural economy of the USA did well in producing record crops, especially crops such as Cotton, fibers and then the grain crops always come in with good productivity in the Great Plains and some other sectors of the USA...

     

  • Feb 18, 2022 | Business  

    Rent Increases Across the Board in the USA, Bodes for Increased Values of Rental Properties

    Rental rates are increasing so fast, that economists are struggling to keep up. The Guardian Newspaper in bold print reports: "RENTERS ACROSS AMERICA FACE SHARP INCREASES, AVERAGING UP TO 40% IN SOME CITIES." Rental prices are skyrocketing with many renters stunned and grappling with either having to move or pay much higher rents...

     

  • Jan 13, 2022 | Business  

    Inflation, Economic Trends, Supply Chain Snags, Rents UP...Wow sounds like a boom!

    Reading the headlines these days seems to talk about gloom and doom. I see it as a reflection of an economy coming alive again! Look at these prices in December, 2021...

     

  • Nov 22, 2021 | Business  

    Our Economy and TRENDS as we head for Thanksgiving, Christmas, 2021-2022.

    SO WHAT COMES NEXT??? We predicted 8 months ago, that the USA would experience a growing, recovering, even booming economy in late 2021 and early 2022. New house values, surpassed even our expectations. Multifamily, apartments, have become a favorite of long term 'conservative' investors...

     

  • Sep 22, 2021 | Business  

    Cost of Apartments/Housing in China Leads the World

    China seems to have the most expensive housing in the world, (as a percentage of household income). Take a look: What we are seeing is that China, is going through rapid inflation. Watch the trends as we see the Chinese way of dealing with economic issues, during a turbulent economy...

     

  • Aug 30, 2021 | Business  

    NEW GIANT AMAZON REGIONAL CENTER, IN ALBUQUERQUE

    SOME PEOPLE TALK ABOUT GROWTH, AND TALK ABOUT JOB CREATION AND TALK ABOUT BUILDING NEW THINGS. AND SOME PEOPLE JUST QUIETLY DO SOMETHING. JUST LOOK AT WHAT AMAZON HAS BUILT NEW IN ALBUQUERQUE. The scale of this Amazon facility blows the mind. The main building is 500,000 + s.f., and is roughly the height of a 5 story building...

     

  • Aug 22, 2021 | Business  

    INEFFICIENCY GROWING IN AMERICA? WHAT DO YOU THINK?

    INEFFICIENCY GROWING IN AMERICAN ECONOMY By Ben B. Boothe, Sr. Publisher, Boothe Global Perspectives In our company we do business with all kinds of companies, investors and properties, from coast to coast. One of the things that enhances company and business value is efficiency. When we are appraising a building or a business, we take into consideration efficiency...

     

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