NCC: Grateful for Tariff Mitigation Assistance

MEMPHIS, Tenn. – The National Cotton Council (NCC) thanks the Trump Administration for its recognition of the impacts of China’s retaliatory tariffs and applauds the Administration’s plan to assist U.S. farmers and ranchers facing trade disruptions from these tariffs. This support comes at a crucial time for the U.S. cotton industry.

While the NCC encourages continued dialogue between the U.S. and China to resolve the trade tensions, the NCC emphasizes the importance of producer support to help partially mitigate the impacts of these tariffs on U.S. cotton and additional funds for export promotion as the industry looks to expand markets for U.S. cotton.

The plan includes three components to assist farmers and ranchers: a Market Facilitation Program, a Food Purchase & Distribution Program, and a Trade Promotion Program.

The Market Facilitation Program will provide $0.06/lb on at least half of a producer’s 2018 cotton production (upland and ELS).  The payment rate on the second half of 2018 production will be determined later and may remain at the same payment level.  Once harvest is complete, production evidence must be provided to the local USDA Farm Service Agency office before payments will be made.  The Market Facilitation payments are subject to the existing $900,000 adjusted gross income means test and a separate $125,000 per person payment limit for the eligible crops.

NCC Chairman Ron Craft, a Plains, Texas, ginner, stated, “The National Cotton Council strongly commends Secretary Perdue and his team at USDA for their ongoing efforts to help U.S. agriculture manage through the current trade disruptions as the Administration seeks to address unfair trade practices and barriers.  The tariff mitigation program announced today will help address a portion of the losses cotton producers are facing in the marketplace.  However, there is continued economic stress on producers in areas of the Cotton Belt that have lost production this year due to severe drought.  In addition, cotton and cottonseed industry participants throughout the marketing channels are also feeling the impacts of the retaliatory tariffs.”

The other commodities eligible for the program include soybeans ($1.65/bu), sorghum ($0.86/bu), wheat ($0.14/bu), corn ($0.01/bu), dairy ($0.12/cwt) and pork ($8/head).

The Memphis-based NCC’s mission is ensuring the ability of the U.S. cotton industry’s seven segments to compete effectively and profitably in the raw cotton, oilseed and U.S.-manufactured product markets at home and abroad.

Advertisements

Cotton/Peanut Research Field Day set for Sept. 5, 2018, in Tifton, Georgia

PERRY/TIFTON, Ga. – The Georgia Cotton Commission, Georgia Peanut Commission and the University of Georgia Extension Cotton and Peanut Teams, will co-sponsor a joint research field day on Wednesday, Sept. 5, 2018, in Tifton, Georgia.

The field day will start at 8:00 a.m. at the University of Georgia Conference Center (15 RDC Rd., Tifton, Georgia) before relocating to the RDC Pivot and Ponder Farm to view research trials. Those planning to attend need to RSVP by Friday, Aug. 31, to Jeannie Evans at jevans12@uga.edu or 229-386-3006.

The purpose of the tour is to showcase current research, which is funded by the respective commissions, in plot-side presentations by the researchers themselves. The sponsors’ goal is to provide an educational environment for cotton and peanut farmers and give them the opportunity to pose questions directly to the researchers and to express opinions and concerns pertinent to the production of their crops.

Chairmen of the peanut and cotton commissions, Armond Morris and Bart Davis, respectively, agree this event gives farmers the distinct opportunity to interact with the leadership of each commission, other farmers and industry representatives. It is an excellent place for farmers to observe, first-hand, the research programs funded by their checkoff investments.

To view an agenda, visit http://www.georgiacottoncommission.org or http://www.gapeanuts.com, or click here.

FSA-UGA Cotton Program Meetings

**** Please note that morning meetings will be at 9:00 AM instead of the earlier announcement. ***

Georgia USDA-Farm Service Agency is partnering with UGA Extension to conduct grower trainings in September throughout the state to update producers on WHIP, Seed Cotton, TAP Changes, and the Market Facilitation Program (MFP).  Dates, times, and locations are below:

Monday, September 10
Bainbridge
9:00 AM
Cloud Livestock Facility
1300 E. River Rd.
Bainbridge, GA 39817
(229) 248-3033

Perry
2:45 PM
Houston County Extension Office (Old Houston County Courthouse)
801 Main St.
Perry, GA 31069
(478) 987-2028

Tuesday, September 11
Statesboro
9:00 AM
Bulloch County Ag Center
151 Langston Chapel Rd.
Statesboro, GA 30458
(912) 871-6130

Tifton
3:00 PM
UGA Tifton Campus Conference Center
15 RDC Rd.
Tifton, GA 31794
(229) 386-3416

Wednesday, September 12
Cartersville
9:00 AM
Olin Tatum Agricultural Building (Stiles Auditorium)
320 W. Cherokee Ave
Cartersville, GA 30120
(770) 387-5142

Watkinsville
3:00 PM
J. Phil Campbell, Sr. Research & Education Center
1420 Experiment Station Rd.
Watkinsville, GA 30677
(706) 769-3946

For more information, please contact your local UGA Extension Office, USDA Service Center, or the contact numbers associated with each meeting.

Cotton Industry Reaches Out to Farm Bill Conferees

Earlier this week, the Georgia Cotton Commission, and 66 other cotton industry organizations from across the many segments of the industry and representing individuals from every corner of the nation, sent a letter to the Chairmen and Ranking Members of the Senate and House Agriculture Committees along with the Farm Bill conferees thanking the respective leaders for their work so far through this process, especially for the continuation of seed cotton provisions that were introduced in February.  The letter also outlines industry goals that still have to be negotiated during the conference process.

They include:

  • Completing the Farm Bill by the end of 2018, so producers can go to lending institutions to show market stability for the next five years
  • Increased funding for the Economic Adjustment Assistance Program (EAAP) that is included in the House version of the Farm Bill. EAAP helps support domestic consumption of cotton and increases the competitiveness of American textile manufacturing, while supporting direct and indirect jobs in rural communities, many of which are in Georgia and the southeast.
  • Removing “actively engaged” provisions added at the last minute by the Senate. Adoption of these changes downplays the importance of the contributions made by family members on farms and makes passing multigenerational farms to relatives other than children harder.
  • Ratifying the no cost adjustments to cotton marketing loan programs included in the House Farm Bill.
  • Maintaining adjusted gross income means test at current levels to more appropriately support family farms, especially in times of depressed markets.
  • To give the United States Department of Agriculture the tools to monitor the flow of cotton throughout the manufacturing process and the oversight to make regulatory changes to make that process more efficient and transparent.

The conference process has gotten underway and will start in earnest soon.  Georgia Rep. Austin Scott, David Scott, and Rick Allen are members of the Farm Bill Conference Committee.  Conferees will negotiate differences in the House and Senate versions of the legislation which does significantly more than provide a safety net for farms and farmers; the Farm Bill also provides nutritional assistance for Americans of all backgrounds and supports the underpinnings of rural communities that have been struggling over the past several years.  Producers and other interested people are encouraged to contact their Senators and Representatives in Washington to share their opinion on these issues.