Pro Publica - Holy Crop: How federal dollars are financing the water crisis in the West 5-15min

Getting plants to grow in the Sonoran Desert is made possible by importing billions of gallons of water each year. Cotton is one of the thirstiest crops in existence, and each acre cultivated here demands six times as much water as lettuce, 60 percent more than wheat. That precious liquid is pulled from a nearby federal reservoir, siphoned from beleaguered underground aquifers and pumped in from the Colorado River hundreds of miles away. Greg Wuertz has been farming cotton on these fields since 1981, and before him, his father and grandfather did the same. His family is part of Arizona’s agricultural royalty. His father was a board member of the Central Arizona Water Conservation District for nearly two decades. Wuertz has served as president of several of the most important cotton organizations in the state. ... But what was once a breathtaking accomplishment — raising cotton in a desert — has become something that Wuertz pursues with a twinge of doubt chipping at his conscience. Demand and prices for cotton have plummeted, and he knows no one really needs what he supplies. More importantly, he understands that cotton comes at enormous environmental expense, a price the American West may no longer be able to afford. ... The federal government has long offered him so many financial incentives to do it that he can’t afford not to. ... “Some years all of what you made came from the government,” Wuertz said. “Your bank would finance your farming operation … because they knew the support was guaranteed. They wouldn’t finance wheat, or alfalfa. Cotton was always dependable, it would always work.” ... The still-blooming cotton farms of Arizona are emblematic of the reluctance to make choices that seem obvious.

FRBNY - Crisis Chronicles: The Cotton Famine of 1862-63 and the U.S. One-Dollar Note < 5min

When the U.S. Civil War broke out in 1861, cotton was king. The southern United States produced and exported much of the world’s cotton, England was a major textile producer, and cotton textiles were exported from England around the world. At the time, many around the world depended on cotton for their livelihood. The South believed this so deeply that when the North blocked Southern ports to cut off the South’s primary means of financing war—cotton sales—Southern leaders were sure that Britain would enter the war on their side. That never happened. So when cotton supplies dried up in late 1862, thousands in Manchester and Lancashire who either directly or indirectly depended on cotton for a living found themselves without work. In this post, we describe the British cotton famine of 1862-63 and the stoic British national response. We draw primarily from a fascinating BBC Radio broadcast on the subject and John Watts’ matter-of-factly named Facts of the Cotton Famine, published in 1866.