# New cotton program shakes up southern agriculture | 2018-02-13 | Agri-Pulse | Agri-Pulse Communications, Inc.

> The newly enacted budget agreement creates a Price Loss Coverage program for seed cotton with a 36.7 cent reference price and reallocates 17.5 million generic base acres. The CBO estimates about $300 million a year in payments, and peanut growers face smaller payments.

- Date: 2018-02-14 · published 2018-02-14T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/66620-new-cotton-program-shakes-up-southern-agriculture-2018-02-13-agri-pulse-agri
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Support payments can keep cotton acres planted, sustaining cottonseed supply, while the shift in peanut payments could alter peanut acreage and peanut meal availability.

## Read by commodity

- CSM: neutral

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/10603-new-cotton-program-shakes-up-southern-agriculture

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