PRODUCT MANAGEMENT BULLETIN: PM18-023




1400 Independence Avenue, SW
Stop 0801
Washington, DC  20250-0801

Date

April 23, 2018

To:

All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties

From:

Richard H. Fournoy /s/ Richard Flournoy    4/23/2018

Subject:

2018 Price B for Cotton Quality Adjustment
Background
In accordance 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 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.
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 2018 crop year.

DISPOSAL DATE:
December 31, 2018

USDA is an Equal Opportunity Employer and Provider