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The Bipartisan Budget Act of 2018 made seed cotton, including lint and cottonseed, a covered commodity eligible for PLC or ARC support starting with the 2018 crop. Texas A&M economist Joe Outlaw says producers must elect coverage, as failure to act defaults to PLC.
Pricing seed cotton as a weighted average of lint and cottonseed values gives cottonseed a policy-linked role in farm support, but this mainly affects program elections rather than near-term feed supply or prices.
agrilifetoday.tamu.eduKay LedbetterMay 17, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
