CCC Loan Premium & Discount Schedule: ELS Cotton

Print Version

Extra Long Staple Base Loan Rate: 79.77 cents/pound
Adjusted Average Rate: 80.85 cents/pound

 

CCC Loan Rate for Eligible Qualities

2014-Crop ELS Cotton Stored in Approved Warehouses in all Locations.
(Cents per pound, net weight, micronaire 3.5 & above and strength of 37.5 and above 1/)

Grade Code

Staple Length (inches)

1-3/8

1-7/16

1-1/2

(44)

(46)

(48 & Longer)

1

79.40

81.85

81.95

2

79.15

81.60

81.70

3

76.70

79.15

79.30

4

63.20

65.65

65.65

5

55.50

56.10

56.10

6

51.45

51.60

51.60

Below 6

37.00

37.00

37.00

Leaf

Color

Leaf Discounts

Cents per Pound

1

All

 0.00

2

All

 0.00

3

1-3

-3.45

4

1-3

-3.60

5

1-4

-3.70

6

1-5

-3.80

7

1-6

-3.80

1/ A micronaire premium of 53 points (0.53 cents) per pound and a strength premium of 55 points (0.55) per pound is reflected in the loan rates for the eligible qualities.  The adj. nat'l avg. loan rate reflected in the above schedule is 80.85 cents per pound.  Cotton with micronaire readings below 3.5 and strength below 37.5 will be subject to the discounts in the schedule of micronaire differences for ELS cotton.

 

ELS Micronaire Discounts

Schedule of Micronaire Differences for Eligible Qualities

Micronaire Reading

Points per Pound
3.5 & Above 0
3.3 - 3.4 -505
3.0 - 3.2 -1045
2.7 - 2.9 -1525
2.6 & Below -2005
 

ELS Extraneous Matter Discounts

  Level 1 Level 2
Preparation -810 -1095
Grass, Spindle Twist & Other -715 -1035
 

ELS Strength Discounts

Strength

Points per Pound

37.5 & above 0
36.5 - 37.4 -850
35.5 - 36.4 -1100
35.4 & below -1350