Today’s Cotton Newsline is 3 cuts. All cuts are Dr. Jody Campiche, Vice President of Economics and Policy Analysis for the National Cotton Council.
Suggested Introduction 1:
U.S. cotton producers have faced four years of financial stress with a weaker safety net than other covered commodities. That economic burden has been felt by the entire cotton industry including the gins, cooperatives, marketers, cottonseed crushers, and the rural communities that depend on their success. The recent inclusion of cotton in Title 1 of the Farm Bill and the announcement of a Ginning Cost Share program for the 2016 crop has brought some much-needed relief to the cotton industry. Dr. Jody Campiche, Vice President of Economics and Policy Analysis for the National Cotton Council, joins us with details on the ginning cost share program.
Suggested Introduction 2:
Cotton is now part of the Title 1 program. Dr. Campiche explains what this means and how it affects producers.
Suggested Introduction 3:
The Council was glad to see the Seed Cotton program approved by Congress for the 2018 crop, but at the same time they’re encouraging lawmakers to move forward with reauthorization of the next Farm Bill in time for the 2019 crop.