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NCC Conducting STAX/Farm Bill Webinars
As a follow-up to its STAX/Farm Bill workshops, the NCC is hosting four regional information webinars. Each session will include regional examples of insurance rates, county yields and information regarding farm programs.
RMA Yield Data
The database includes yield per planted acre as determined by USDA's Risk Management Agency (RMA). Yields reflect the weighted-average results for producers in the production areas used in the implementation of the Stacked Income Protection Plan (STAX) and the Supplemental Coverage Option (SCO) for upland cotton. Production areas are defined as a county or grouping of counties.
USDA December Production Report
In its December crop report, USDA estimated a '14-15 US crop of 15.92 million bales. Upland production was estimated at 15.35 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 773 pounds, 46 pounds less 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: 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.