Cotton

BACKGROUND:

The CEPP – Peanuts factors necessary to establish the insured’s amount of protection under the peanut program for the 2025 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, 2024, to January 14, 2025. These factors apply only to states with an SCD of January 31, 2025.

As of December 03, 2024 the following information is now available on the FTP site:

• 2024 Actuarial Data Master for the 11/30, 1/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2024 Actuarial Data Master are in the References/Actuarial_Data_Master/2024 directory.

Additional notes and details regarding this data release:

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2024 CY harvest prices for insurance offers with a harvest price discovery period of November 1, 2024, through November 30, 2024. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: prodwebnlb.rma.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by December 4, 2024:

BACKGROUND:

The Farm Service Agency issued a correction to the 2024 Upland Cotton schedule of loan premiums and discounts. The correction resulted in changes to loan differentials for color, leaf, staple, strength, uniformity, and extraneous matter. As a result, the Risk Management Agency’s published Price B for each state has changed.

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2024 CY harvest prices for insurance offers with a harvest price discovery period of October 1, 2024, through October 31, 2024. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: prodwebnlb.rma.usda.gov/apps/PriceDiscovery.

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

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2024 CY harvest prices for insurance offers with a harvest price discovery period of September 1, 2024, through September 30, 2024. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here:  prodwebnlb.rma.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by October 3, 2024:

In accordance with Section 15 of the ARPI Crop Provisions, Section 10 of the SCO Endorsement, Section 10 of the ECO Endorsement, and Section 9 of the STAX Cotton Crop Provisions, approved final county yields, final county revenues, and payment factors for the 2023 crop year will be available by close of business today in the following formats:

As of July 02, 2024 the following information is now available on the FTP site:

• 2023 Actuarial Data Master for the 8/31, 11/30, 12/31 Filing Date, YTD, and Daily Files.
• 2025 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files. 

Users can find this information in the following directories:

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.