October 7 is the deadline for cotton growers to enroll for the Cotton Transition Assistance Program, an interim payment program created by the 2014 Farm Bill.
Based on USDA’s September Supply Demand report, a smaller U.S. crop should provide some support for prices. But an increase in total world production, reduction in use and increase in stocks may also weigh on the market.
The National Cotton Council applauded the announcement that the Stacked Income Protection Plan – or STAX – will be available to upland cotton producers in 2015 through the federal crop insurance program.
Cotton growers have from August 11 until October 7 to enroll for the Cotton Transition Assistance Program, an interim payment program created by the 2014 Farm Bill.
USDA has implemented the new Supplemental Coverage Option – one of the provisions of the 2014 Farm Bill – to help strengthen and expand crop insurance options for farmers and ranchers.
As part of the ongoing implementation of the 2014 Farm Bill, provisions are being implemented that will improve crop insurance programs to better protect farmers from weather disaster, market volatility and other risk factors.
USDA is awarding $6 million to universities and state cooperative extension services for development of online decision tools and education programs to help growers determine which new farm bill programs best fit their farming businesses.
As the Senate and House Appropriations Committees begin work on the FY15 agriculture spending measures, the NCC has urged members of both committees to maintain provisions of the new farm bill, as well as funding for cotton pest eradication and international market development programs.
More than $19 million in grants are available through USDA’s Beginning Farmer and Rancher Development Program to help train and educate the next generation of agricultural producers. Application deadline is June 12.
The 2014 Farm Bill offers a new list of programs that growers need to examine closely to determine the best fit for their farming operation.