Letter to USDA Ag Secretary Veneman Regarding Counter-Cyclical Payment for the 2002 U.S. Upland Crop
The provisions of the new farm law authorize the Secretary to make an advance counter-cyclical payment, if any is projected based on projected season average market prices, available to eligible producers in October of the year of harvest. A second advance can be made in February of the next calendar year and for cotton, the final payment, if any, would be made in October . . .one month after the marketing year for cotton ends. The NCC sent a letter to the Secretary urging her to make the maximum possible advance available to eligible producers for the 02 crop of upland cotton.