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NCC Conducting STAX/Farm Bill Workshops
The NCC has scheduled 25 educational meetings across the Cotton Belt to provide its members with in-depth information regarding insurance options for cotton under The Agricultural Act of 2014. The first meeting will be on Nov. 10 and the last two on Dec. 10.
Letter Conveys Support For Restoring Higher Section 179 Expensing Limit, Bonus Depreciation (11k pdf)
The NCC joined with a group of other farm and ranch organizations representing small businesses on a Nov. 18 letter to Senate Majority Leader Reid, Senate Minority Leader McConnell, Speaker Boehner, and House Minority Leader Pelosi encouraging the Senate and the House to carefully consider the importance of including Section 179 Small Business Financing and bonus depreciation in a multi-year tax extenders package.
President Asked To Intervene On West Coast Port Labor Negotiations (108K pdf)
The NCC joined onto a letter with associations representing United States agriculture and forest products producers asking President Obama to resolve this critical situation. The Nov. 17 letter asked the President to reach out to the International Longshore and Warehouse Union and Pacific Maritime Association to insist that they immediately restore the ports to full operation while they continue negotiations.
Letter Calls For WOTUS Rule Withdrawal (857k pdf)
The NCC joined with a large contingent of other agricultural and agribusiness organizations on a letter to EPA and the US Army Corps of Engineers asking those agencies to withdraw their proposed rule to define “Waters of the United States” Under the Clean Water Act.
Notice ARCPLC-14 Provides State/County Offices' Guidance On ARC, PLC Elections (1.2 mb pdf)
USDA's Farm Service Agency issued Notice ARCPLC-14, which provides guidance to state and county Offices on Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) elections. As authorized in the new farm law, current producers on farms with base acres have the opportunity to elect ARC or PLC that will be in effect for the life of the '14 farm law. The election period is Nov. 17, '14-March 31, '15, and the election will be made on CCC-857.
USDA November Production Report
In its November crop report, USDA estimated a '14-15 US crop of 16.40 million bales. Upland production was estimated at 15.82 million bales and extra-long staple production at 578,000 bales. Harvested area was an estimated 9.88 million acres, implying a non-harvested area of roughly 1.13 million acres based on USDA’s latest acreage report. The resulting abandonment rate is roughly 10.25%. The national yield per harvested acre was estimated to be 797 pounds, 22 pounds less than the five-year average.
Notice ARCPLC-10 Covers Yield Update Provisions (462k pdf)
USDA's Farm Service Agency issued Notice ARCPLC-10 which updates Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) Yield Update Provisions. The notice provides: yield update policy, yield decision policy, PLC yields, yield certification policy, yield update examples, yield software and an example of CCC-859 and instructions.
FSA Issues Revised AD-1026 Regarding HELC, WC (2.8mb pdf)
Revised versions of AD-1026 and AD-1026 Appendix (dated 6-30-14) were issued by USDA's Farm Service Agency to reflect the linkage for any premium subsidy eligibility for crop insurance policy or plan paid by FCIC to compliance with Highly Erodible Land Conservation (HELC) and Wetland Conservation (WC) Certification provisions as required by the Agricultural Act of 2014.
NCC Appreciates Timely APH Announcement
The National Cotton Council commended USDA’s Risk Management Agency (RMA) for implementing a farm law provision important to cotton production areas that have been hit with drought and other adverse weather in recent years.
APH Yield Exclusion To Be Implemented For '15 Spring Crops
Agriculture Secretary Tom Vilsack announced on Oct. 21 the implementation of a new farm law initiative that will provide relief to farmers affected by severe weather, including drought. The Actual Production History (APH) Yield Exclusion, available nationwide for farmers of select crops, including cotton, allows eligible producers who have been hit with severe weather to receive a higher approved yield on their insurance policies through the federal crop insurance program.
Materials Clarify Conservation Compliance Provisions
The Natural Resources Conservation Service, Risk Management Agency and Farm Service Agency developed materials to clarify conservation compliance provisions for crop insurance participants. Included are pdfs and web versions of a fact sheet and FAQ section with the FAQ web version allowing users to select each question individually and expand to see the answer.
Farm Bill Frequently Asked Questions
Following the series of farm bill education meetings, the NCC prepared a list of frequently asked questions on the The Agricultural Act of 2014.
Farm Bill Summary and Overview (click here)
This NCC-prepared document contains the basic preliminaries of The Agricultural Act of 2014 that passed out of the House/Senate Conference. The bill is subject to verification when legislative language is reviewed.
FSA Posts Farm Bill Fact Sheet
USDA's Farm Service Agency has created a fact sheet entitled, "What’s in the 2014 Farm Bill for Farm Service Agency Customers?" that includes highlights of The Agricultural Act of 2014 (the Act), also known as the 2014 Farm Bill.
Cotton Newsline: October 22, 2014 The National Cotton Council has scheduled 25 educational meetings across the Cotton Belt to provide its members with in-depth information regarding insurance options for cotton under the Agricultural Act of 2014.
Cotton Newsline: October 17, 2014 USDA's Risk Management Agency (RMA) has released premium rates and expected area-wide yields for the Stacked Income Protection Plan (STAX) and the Supplemental Coverage Option (SCO), both of which will be available for '15 upland cotton crop.