This week's Cotton Newsline is 4 cuts.All cuts are John Maguire, Senior Vice President of Washington Operations for the National Cotton Council.
Suggested Introduction 1
The National Cotton Council has developed the STAX plan, an area wide shallow loss revenue insurance plan as well as modifications to the marketing loan.John Maguire, Senior Vice President of Washington Operations for the Council says the adjustments are designed to both resolve the Brazil-WTO case by providing a basis for negotiation for the WTO Panel and fit nicely into the budget.
Suggested Introduction 2
Maguire says they have worked with the administration and others to determine what the letter states.
Suggested Introduction 3
Maguire says a copy of the response to Brazil's letter is posted on the Council's website, cotton.org.
Suggested Introduction 4
Maguire finishes by explaining why STAX is the appropriate option.