Cotton Newsline: October 22, 2008

Agriculture Secretary Ed Schafer has announced that the final counter-cyclical payment rate for the ’07 crop of upland cotton is 6.43 cents per pound.

Agriculture Secretary Ed Schafer has announced that the final counter-cyclical payment rate for the ’07 crop of upland cotton is 6.43 cents per pound.  Robbie Minnich, Senior Government Relations Representative for the National Cotton Council says farmers who received the first partial payment of 3.09 cents per pound in February 2008 will receive an additional 3.34 cents per pound.
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