Cottonseed Assistance Regulations Published in Federal Register April25

Friday,April 25, 2003                    By Shawn Wade

         Theapplication is in the mail for the 2002 Cottonseed Assistance program accordingto the USDA Farm Service Agency. FSA Administrator Jim Little announced thefirst step in the process to distribute 2002 Cottonseed Assistance payments ina press release dated April 25, 2003.

         Cottonseedprogram applications are currently being mailed to gins that operated in 2002.Officially, the application period for the program runs from May 2 through May23, 2003. Completed forms must be submitted to FSA headquarters by May 23,2003 in order to be considered for payment.

         Allcompanies that ginned 2002-crop cotton are eligible for program payments.Payments are expected to be made in early June 2003.

         Paymentswill be made in accordance with the provisions of the final regulationspublished in the Federal Register April 25, 2003.

      The2002 Cottonseed program provides some $50 million to offset 2002 crop cottonseedprice shortfalls.

      Paymentrates will be determined based on the number of applications and resultingtonnage of cottonseed for which assistance is requested. USDA estimates thatpayment rates for the 2002 program will be in the neighborhood of $8.00 perton, or about $3.00 per bale.

      Ginners who do not receive their application by May 5should contact Gene Rosera, FSA Price Support Division, at (202)720-8481, or bye-mail at: gene_rosera@wdc.usda.gov

      For more information on thecottonseed payment program, please contact Gene Rosera.

 

2001/2002 Disaster ProgramUpdate

Friday,April 25, 2003                    By Shawn Wade

      Eventhough final disaster program rules are still largely unfinished, USDAcontinues to work hard to provide commodity groups with regular updates on therulemaking process and the progress being made.

      Earlierthis week, USDA officials in Washington, DC, briefed commodity groups onseveral recent decisions and also ran down a list of previously releasedprogram details.

      Ofthe new information made available Wednesday, April 23, the one most likely toimpact High Plains producers dealt with the issue of farms that experiencedlosses in both 2001 and 2002, but had different tenant operators each year.

      Accordingto USDA both of these producers will be able to file for and receive assistancefor the losses incurred during the year they farmed the land.

      Additionaldetails are being released regularly and PCG will communicate thoseannouncements at they become available.

 

Texas State Support Program Preparing 2004 Research Project Line-up

Friday,April 25, 2003                    By Shawn Wade

      Membersof the Cotton Incorporated Texas State Support Committee met in AustinWednesday, April 23 to review and select cotton research projects for StateSupport funding in 2004.

      TheCommittee, comprised of cotton growers from across Texas, worked out apreliminary plan to disperse an estimated $750,000 in research funds providedby the Cotton Incorporated State Support Program.

         TheState Support Program (SSP) returns 5 percent of the total CI operating budgetback to cotton producing states each year for the purpose of carrying outadditional producer directed research and promotion activities.

         TexasState Support Program funds are allocated based on a formula that allocatesone-half of available funds for projects deemed relevant to the entire State.The remaining money is further divided among the nine growing regions based oneach regionŐs percentage of statewide production averaged over the most recentthree growing seasons.

         Basedon this allocation structure, High Plains producer leaders selected projectsfor 2004 funding totaling an estimated $200,000.

         Afinal listing of approved projects will be compiled and released, along withfinal funding levels, by Cotton Incorporated staff later in the year.

      Research prioritiesaddressed by the program include genetic improvement; irrigation andfertilization; pest management; harvesting and ginning; and marketing andeconomics.