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 Extra Long Staple (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.

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2024 CY projected prices and price volatility factors for insurance offers with a projected price discovery period of February 1, 2024, through February 29, 2024. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by March 5, 2024:

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2024 CY projected prices and price volatility factors for insurance offers with a projected price discovery period of January 15, 2024, through February 14, 2024. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.

Background

The CEPP – Peanuts factors necessary to establish a producer’s amount of protection under the peanut program for the 2024 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, 2024, to February 28, 2024. These factors apply only to states with a SCD of March 15, 2024.