# Summary of Agriculture Improvement Act of 2018 Select Provisions

> The National Cotton Council released a preliminary summary of the Senate's Agriculture Improvement Act of 2018 covering farm programs for cotton. It describes continued ARC and PLC programs at current reference prices, a one-time crop-by-crop election between ARC and PLC for 2019 to 2023, and unchanged marketing loan provisions for upland cotton.

- Date: 2018-06-29 · published 2018-06-29T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/64519-summary-of-agriculture-improvement-act-of-2018-select-provisions
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Continuing reference prices and loan rates keeps a price floor under US cotton plantings, which affects cottonseed meal availability over the medium term. The changes are largely technical and have limited near-term price impact.

## Read by commodity

- CSM: neutral

## Sources

- cotton.org: https://www.cotton.org/issues/2018/snsumm.cfm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.