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As of July 02, 2024 the following information is now available on the FTP site:
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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.
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.
The USDA’s Risk Management Agency (RMA) manages the Supplemental Coverage Option (SCO) and Stacked Income Protection Plan (STAX), and USDA’s Farm Service Agency (FSA) manages the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs.
In order to make sure stakeholders are reminded of eligibility requirements, RMA is releasing additional information based on questions that have been asked. No program changes have been made with the release of these new documents.
