Cotton

Background

In accordance with the Special Provisions, Price B will be established by adding premiums and/or discounts associated with the predominant cotton quality characteristics, as determined by the Farm Service Agency, to the Upland and ELS Cotton National Average Loan Rates. The predominant quality characteristics of cotton in each state are determined from the most recent three years of Agricultural Marketing Service cotton classing data.

Background

The Agriculture Improvement Act of 2018 (2018 Farm Bill) allows producers to make an election of ARC or PLC for each Farm Number in 2019, which will cover the 2019 and 2020 crop years. Enrollment in ARC or PLC will occur after this election. Election or enrollment dates will not begin until after acreage reporting date for cotton producers.

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

Common Crop Insurance Policy & Area Risk Protection Insurance

The 2019 CY projected prices shown below are approved for the following plans of insurance: Yield Protection, Area Yield Protection, Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion, and Area Revenue Protection with the Harvest Price Exclusion.

Background

The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2019 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of February 1, 2019, to February 28, 2019. These factors apply only to states with a Sales Closing Date (SCD) of March 15, 2019 and are determined in accordance with the Peanut Price Methodology guidelines.

Common Crop Insurance Policy¹

The 2019 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2019 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance.

Background

The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2019 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of January 15, 2019 to February 14, 2019. These factors apply only to states with a Sales Closing Date (SCD) of February 28, 2019, and are determined in accordance with the Peanut Price Methodology guidelines.

Background

Cotton producers experienced, and continue to experience, a significant amount of wet weather during the 2018 cotton harvest, resulting in the quality (seed sprouting, mold, etc.) of both unharvested cotton and cotton modules rapidly deteriorating in the field. Gins are rejecting damaged modules, as well as samples of unharvested cotton, resulting in unmarketable cotton and cottonseed.

Background

As announced today, Risk Management Agency (RMA) has developed the Multi-County Enterprise Unit (MCEU) Endorsement in response to requests to incorporate small amounts of acreage from one county into an enterprise unit for a contiguous county. The MCEU Endorsement attaches to eligible Common Crop Insurance Policy, Basic Provisions, and Crop Provisions for the insured crop and allows a producer to combine acreage of an insured crop, by irrigation practice, if applicable, in two contiguous counties in the same state into one enterprise unit (EU).

Background

The CEPP - Peanuts factors necessary to establish the insured’s amount of protection under the peanut program for the 2019 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of December 15, 2018 to January 14, 2019. These factors apply only to states with a Sales Closing Date (SCD) of January 31, 2019.