PRODUCT MANAGEMENT BULLETIN: PM–16-024
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
May 03, 2016
To:
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
All Risk Management Agency Field Offices
All Other Interested Parties
From:
Thomas W. Worth, Acting Deputy Administrator /s/ Thomas W. Worth 5/3/2016
Subject:
2016 Price B for Cotton Quality Adjustment
- Background
-
Consistent with the Special Provisions statement in lieu of section 10(d)(1) of the Upland and ELS Cotton Crop Provisions, Price B will be established by adding premiums or discounts associated with the predominant cotton quality characteristics as determined by the Farm Service Agency (FSA) to the Upland and ELS Cotton National Average Loan Rate. The predominant quality characteristics of cotton in each state are determined from the most recent three years of Agricultural Marketing Service cotton classing data.
- Action
-
Approved Insurance Providers must use the applicable Price B for quality adjustment purposes from the attached Upland and ELS Cotton Quality tables for the 2016 crop year.
DISPOSAL DATE:
December 31, 2016