Broadcast Newsline: October 13, 2010
Robbie Minnich, senior government relations representative for the National Cotton council, says Agriculture Secretary Tom Vilsack announced last week that during October, USDA will distribute approximately $1.9 billion in annual Conservation Reserve Program or CRP payments and $3.8 billion in final ’10 direct payments.
This week’s Cotton Newsline is 3 cuts. All cuts are Robbie Minnich, senior government relations representative for the National Cotton Council.
Suggested Introduction 1:
Robbie Minnich, senior government relations representative for the National Cotton council, says Agriculture Secretary Tom Vilsack announced last week that during October, USDA will distribute approximately $1.9 billion in annual Conservation Reserve Program or CRP payments and $3.8 billion in final ’10 direct payments.
Suggested Introduction 2:
Minnich points out that because the effective price of many program crops exceeds the target price, the Commodity Credit Corporation will not issue any ’09 counter-cyclical payments for them.
Suggested introduction 3:
Minnich says the USDA’s National Agriculture Statistics Service says the final US marketing year average price for ’09 upland cotton is 62.9 cents per pound, up 15.1 cents from ’08.
