facebook_pixel

Cottonseed Provisions Part of FY18 Ag Appropriations Bill

Several key provisions from the cotton industry’s cottonseed policy initiative are included in the FY18 Agriculture Appropriations bill approved by the Senate Appropriations Committee July 20.

The bill includes report language about adding a cottonseed policy under Title 1 of the 2014 Farm Bill. It also urges USDA to operate the Cotton Ginning Cost Share program beginning with the 2016 crop. Both actions are designed to help provide economic relief to U.S. cotton producers until a new farm bill is in place.

National Cotton Council Chairman Ronnie Lee, a Georgia producer and ginner, said, “The National Cotton Council thanks Chairman Cochran (R-MS) for his strong leadership on this issue to help ensure a cottonseed policy can be included as part of the final agriculture appropriations measure considered by Congress later this year. The cottonseed policy, if enacted, would apply beginning with the 2018 cotton crop – the last year of the current farm bill – and would help address the significant economic challenges currently facing America’s cotton farming families.”

Lee said the NCC also appreciates the support of Senator Leahy (D-VT), vice chairman of the Appropriations Committee, and Senator Hoeven (R-ND), chairman, and Senator Merkley (D-OR), ranking member, of the Agriculture Appropriations Subcommittee.

“The NCC thanks Chairman Aderholt (R-AL) and Ranking Member Bishop (D-GA) for their support on this language urging USDA to take action to provide near-term support,” Lee stated.

In addition to the cottonseed policy that would be effective for the 2018 crop, the NCC is continuing to work with Congress and the Administration on a Cotton Ginning Cost Share program for the 2016 and subsequent crop years. Letters of endorsement from 26 Senators, 109 Representatives, cotton industry organizations and affiliated agribusinesses were sent to President Trump and Agriculture Secretary Perdue earlier this week, urging USDA to resume the successful program that helps offset growers’ ginning costs.

Both policy initiatives are needed to help U.S. cotton farmers deal with on-going financial stress and bridge the policy gap for cotton until the new farm bill is implemented. With market returns well below total costs of production, cotton producers face global market conditions that are affected by the foreign subsidies, tariffs and trade policies of other countries, and manmade fiber overcapacity.

 

 

Source – National Cotton Council

Topics: , ,

Leave a Reply

News Stories
News

BASF Agrees to Buy Bayer’s Liberty and Seed Businesses

October 13, 2017

BASF has agreed to acquire significant parts of Bayer’s seed and non-selective herbicide businesses, including Liberty herbicide and the Stoneville and FiberMax cotton seed brands.

Product News

INTL FCStone Offers Online Tool for OTC Hedging Strategies

October 17, 2017

INTL FCStone Markets, LLC has introduced a new online pricing tool that provides users open access to the firm’s structured products pricing portfolio.

News

Monsanto, Deltapine Support Hurricane Recovery for Texas Ag

October 10, 2017

Monsanto and Deltapine is donating $200,000 to assist with ongoing agricultural recovery efforts in Texas caused by Hurricane Harvey.

Product News

Americot Team Continues to Grow

October 6, 2017

Americot continues to expand the company’s sales and technical support team, with the addition of six new specialists located throughout the Cotton Belt.

News

Getting Ready for 2017 Census of Agriculture

October 2, 2017

Farmers and ranchers across the nation will soon start receiving the 2017 Census of Agriculture.

News

USDA Sets 2018 Marketing Assistance Loan Rate

October 2, 2017

The marketing assistance loan rate for 2018-crop base quality upland cotton has been set at 52.00 cents per pound.

News

Gap Inc. Joins Cotton LEADS Sustainability Program

September 28, 2017

Gap Inc. is the newest member of Cotton LEADS, a joint Australian/U.S. program aimed to promote responsible cotton production practices.

Around The Gin
Product News

INTL FCStone Offers Online Tool for OTC Hedging Strategies

October 17, 2017

INTL FCStone Markets, LLC has introduced a new online pricing tool that provides users open access to the firm’s structured products pricing portfolio.

Product News

Americot Team Continues to Grow

October 6, 2017

Americot continues to expand the company’s sales and technical support team, with the addition of six new specialists located throughout the Cotton Belt.

Product News

NemaStrike Technology Ready for Nematode Control in 2018

October 6, 2017

Monsanto adds NemaStrike Technology as a new seed treatment solution to control nematode species across the Cotton Belt.

Product News

Americot Adds Three to Regional Sales Force

September 20, 2017

Americot, Inc. has added three new regional representatives to the company’s sales force.

Product News

Enlist One Herbicide Added to Enlist System

September 13, 2017

Dow AgroSciences adds a straight-goods 2,4-D choline herbicide for additional tank-mix flexibility in Enlist crops.

Product News

Elevore Herbicide Registered for Burndown Use

August 30, 2017

Dow AgroSciences’ Elevore herbicide has received federal registration for use in fall and spring burndown programs for cotton, soybeans and corn.

Product News

Stoneville Legacy Club Honors Charter Members

August 24, 2017

The new Stoneville Legacy Club honored 129 growers who recorded average yields of 1,794 lbs/A or higher on at least 20 acres with Stoneville cotton varieties.

Product News

Improved Bollworm Management Expected in 2018

August 23, 2017

Southeast Texas cotton farmers should have new tools available in 2018 to better manage bollworms and other potentially damaging pests.

Latest News
News

BASF Agrees to Buy Bayer’s Liberty and Seed Businesses

October 13, 2017

BASF has agreed to acquire significant parts of Bayer’s seed and non-selective herbicide businesses, including Liberty herbicide and the Stoneville and FiberMax cotton seed brands.

News

Monsanto, Deltapine Support Hurricane Recovery for Texas Ag

October 10, 2017

Monsanto and Deltapine is donating $200,000 to assist with ongoing agricultural recovery efforts in Texas caused by Hurricane Harvey.

News

Registration Open for 2018 Beltwide Cotton Conferences

October 10, 2017

Registration is now open for the 2018 Beltwide Cotton Conferences set for January 3-5 in San Antonio, TX.

News

Getting Ready for 2017 Census of Agriculture

October 2, 2017

Farmers and ranchers across the nation will soon start receiving the 2017 Census of Agriculture.

News

USDA Sets 2018 Marketing Assistance Loan Rate

October 2, 2017

The marketing assistance loan rate for 2018-crop base quality upland cotton has been set at 52.00 cents per pound.

News

Gap Inc. Joins Cotton LEADS Sustainability Program

September 28, 2017

Gap Inc. is the newest member of Cotton LEADS, a joint Australian/U.S. program aimed to promote responsible cotton production practices.

News

Cotton Inc. Names First Chief Sustainability Officer

September 18, 2017

Dr. Jesse Daystar has been named Vice President and Chief Sustainability Officer for Cotton Incorporated.

News

Cotton Highlights from September WASDE Report

September 12, 2017

Higher U.S. production, exports and ending stocks are anticipated for cotton, based on the USDA WASDE report for September.

News

Texas High Plains Hoping for Bigger Cotton Crop

September 10, 2017

Weather forecasts are favorable for crop maturity and a higher crop potential in the Texas High Plains.

News

Harvey Slams Coastal TX Cotton Industry

September 8, 2017

Hurricane Harvey and its after-effects have the Coastal Texas cotton industry reeling, according to Texas A&M AgriLife experts.

News

Webcast Focuses on Foliar Diseases in Cotton

August 30, 2017

A new webcast to help identify and manage foliar diseases in cotton has been added to the Focus on Cotton online series from the Plant Management Network and Cotton Incorporated.

News

NCC Statement re: Hurricane Harvey

August 28, 2017

The National Cotton Council has issued a statement regarding damage to the South Texas cotton industry from Hurricane Harvey.

News

DuPont and Dow Merger to Close August 31

August 7, 2017

The merger of DuPont and Dow Chemical will be official at the end of August.

News

Proper Tank Cleaning Focus of New Webcast

August 4, 2017

A new webcast on methods for proper tank cleaning of sprayer systems has been added to the Focus on Cotton online series from the Plant Management Network and Cotton Incorporated.

News

Southeast, Western Cotton Growers Set for Texas P.I.E. Tour

August 2, 2017

Fifteen growers from the Southeast and California will visit cotton operations in Texas in mid-August as part of the NCC’s 2017 Producer Information Exchange Program.