Today’s Cotton Newsline is 3 cuts. All cuts are Reece Langley, Vice President of Washington Operations for the National Cotton Council.
Suggested Introduction 1:
Late last week, the Department of Agriculture announced its initial round of relief for the United States’ agriculture sector. Of the $19 billion package, $3 billion will go toward the department’s purchase of food products for donation to food banks and other feeding programs across the country. The remaining $16 billion will be provided through direct payments to producers of a number of crops including cotton. We caught up with Reece Langley, Vice President of Washington Operations for the National Cotton Council, to gain some insight on his expectations for the program.
Suggested Introduction 2:
One of the key questions involves determining which production, or the amount of production from 2019, that will be eligible for this support.
Suggested Introduction 3:
And when we look ahead at the timeline, Secretary Perdue has indicated that USDA wants to begin sign up in May and try to start making payments under this program by late May or early June.
