R. Keith Collins | 3/1/2018 9:58:06 PM
This report provides a program payment illustration of the new seed cotton Price Loss Coverage (PLC) program subject to the producer’s seed cotton program yield as well as the estimated national lint and cottonseed production levels for the 2018 crop year.
As per the terms of the legislative language of this provision, landowners will have 90 days (beginning on February 9, 2018) to convert generic base acres to seed cotton covered commodity acres. Producers will then have to elect participation in either the PLC or Agriculture Risk Coverage (ARC) program for the 2018 crop year.
The LSU AgCenter and the LSU College of Agriculture