Cotton Transition Payments
Please note the following August 19 message from Dr. Michele Marra, NCSU Extension Ag & Resource Economics Specialist.
The cotton transition payments enrollment period for growers who had cotton base in 2013 began August 11 and ends October 7. The payments will equal 60% of 2013 base payments in 2014 and 30.6% in 2015 in those counties where the STAX program is not available. All applications for the cotton transition payments that are approved by October 1 will get a slightly higher payment than those approved after October 1.
Remind farmers who want to change/update their base acres for the commodity program that they should do so. Cotton base will be changed to “generic” base and can be planted to any crop. If it is planted to a program crop, then it will be eligible for all payments to program crop acres. Producers may want to consider updating their base
if their crop mix has changed since the last base updating opportunity. They must go to their county FSA office to update their base.
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