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NCC Conducting STAX/Farm Bill Workshops
The NCC has scheduled 25 educational meetings across the Cotton Belt to provide its members with in-depth information regarding insurance options for cotton under The Agricultural Act of 2014. The first meeting will be on Nov. 10 and the last two on Dec. 10.
USDA November Production Report
In its November crop report, USDA estimated a '14-15 US crop of 16.40 million bales. Upland production was estimated at 15.82 million bales and extra-long staple production at 578,000 bales. Harvested area was an estimated 9.88 million acres, implying a non-harvested area of roughly 1.13 million acres based on USDA’s latest acreage report. The resulting abandonment rate is roughly 10.25%. The national yield per harvested acre was estimated to be 797 pounds, 22 pounds less than the five-year average.
NCC Prepared A Turkish Anti‐Dumping Investigation Summary
After the Turkish Ministry of Economy announced on Oct. 18 that it was investigating imports of US cotton to determine if "dumping" is occurring in the Turkish market, NCC staff developed a summary of the investigation and expected next steps.
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: October 22, 2014 The National Cotton Council has scheduled 25 educational meetings across the Cotton Belt to provide its members with in-depth information regarding insurance options for cotton under the Agricultural Act of 2014.
Cotton Newsline: October 17, 2014 USDA's Risk Management Agency (RMA) has released premium rates and expected area-wide yields for the Stacked Income Protection Plan (STAX) and the Supplemental Coverage Option (SCO), both of which will be available for '15 upland cotton crop.