NCC Commends RMA for Timely Implementation of STAX for Cotton
The NCC commended USDA’s Risk Management Agency (RMA) after RMA announced on Aug. 12 that the Stacked Income Protection Plan (STAX) will be available to upland cotton producers through the federal crop insurance program beginning with the '15 crop year.
USDA August Production Report
In its August crop report, USDA estimated a '14-15 US crop of 17.50 million bales. Upland production was estimated at 16.95 million bales and extra-long staple production at 556,000 bales. Harvested area was an estimated 10.24 million acres, implying a non-harvested area of roughly 1.13 million acres based on USDA’s revised June acreage report. The resulting abandonment rate is roughly 9.92%. The national average yield per harvested acre was estimated to be roughly 820 pounds, one pound higher than the five-year average.
Farm Bill Frequently Asked Questions
Following the series of farm bill education meetings, the NCC prepared a list of frequently asked questions on the The Agricultural Act of 2014.
Farm Bill Summary and Overview (click here)
This NCC-prepared document contains the basic preliminaries of The Agricultural Act of 2014 that passed out of the House/Senate Conference. The bill is subject to verification when legislative language is reviewed.
FSA Posts Farm Bill Fact Sheet
USDA's Farm Service Agency has created a fact sheet entitled, "What’s in the 2014 Farm Bill for Farm Service Agency Customers?" that includes highlights of The Agricultural Act of 2014 (the Act), also known as the 2014 Farm Bill.
Cotton Newsline: August 29, 2014 National Cotton Council officers, directors and advisors, along with other industry leaders attending the Council’s Mid-Year Board meeting in Memphis, heard updates on farm law implementation and other key issues important to the US cotton industry.
Cotton Newsline: August 27, 2014 The global cotton industry is gearing up for the Sourcing USA Summit in Scottsdale, AZ, Nov. 11-14, '14. Cotton Council International, Cotton Incorporated and the US cotton industry host the biennial Sourcing USA Summit, in cooperation with USDA's Foreign Agricultural Services.
Cotton Newsline: August 22, 2014 Twelve cotton producers from the Southeast saw cotton and other agriculture-related operations in Texas this week as part of the National Cotton Council’s 2014 Producer Information Exchange (PIE) Program.