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The National Cotton Council's goal for the next farm bill is to return cotton to Title I commodity programs on a basis similar to other covered crops. The NCC is working on a program to achieve this, and House Agriculture Chairman Mike Conaway has pledged support.
Cotton's focus remains on short-term economic relief.
Advocacy for cotton's return to Title I signals a possible shift in US cotton support that could influence future planting and cottonseed supply. Any change is years away and does not move prices now.
farmprogress.comJul 24, 2017Not 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.
