USDA Announces 2020 Upland Cotton Marketing Assistance Loan Rate

WASHINGTON, October 10, 2019 – The U.S. Department of Agriculture (USDA) Commodity Credit Corporation today announced that the marketing assistance loan rate for 2020-crop base quality upland cotton is 52 cents per pound.

U.S. flag

An official website of the United States government

Dot gov

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Https

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Farm Service Agency
U.S. DEPARTMENT OF AGRICULTURE

USDA Announces 2020 Upland Cotton Marketing Assistance Loan Rate

WASHINGTON, October 10, 2019 – The U.S. Department of Agriculture (USDA) Commodity Credit Corporation today announced that the marketing assistance loan rate for 2020-crop base quality upland cotton is 52 cents per pound.

Marketing assistance loans provide interim financing to producers so that commodities can be stored upon harvest when market prices are typically low and sold later when price conditions are more favorable.

Base quality upland cotton has the following characteristics: color grade 41, leaf grade 4, staple length 1-1/16 inches, micronaire 3.5-3.6 and 4.3-4.9, strength 26.0-28.9 grams per tex and length uniformity of 80.0-81.9 percent.

The 2018 Farm Bill established the base quality marketing assistance loan rate for upland cotton as the simple average of the adjusted prevailing world price for the two immediately preceding marketing years as determined by the Secretary of Agriculture. The marketing assistance loan rate cannot be less than 45 cents per pound or greater than 52 cents per pound. The loan rate may not be less than an amount equal to 98 percent of the loan rate for base quality of upland cotton for the preceding year.

USDA is an equal opportunity provider, employer and lender.

Return to the list of News Releases

  • USDA Issuing Approximately $270 Million in Pandemic Assistance to Poultry, Livestock Contract Producers

    WASHINGTON, Nov. 18, 2021— The U.S. Department of Agriculture (USDA) has begun issuing approximately $270 million in payments to contract producers of eligible livestock and poultry who applied for Pandemic Assistance. Earlier this year, USDA’s Farm Service Agency (FSA) identified gaps in assistance including in the initial proposal to assist contract growers. In August, USDA released the improved program for contract producers to fill these gaps, providing support as part of USDA’s broader Pandemic Assistance for Producers initiative.  

  • USDA Builds Pandemic Support for Certified Organic and Transitioning Operations

    WASHINGTON, Nov. 4, 2021— The U.S. Department of Agriculture (USDA) will provide pandemic assistance to cover certification and education expenses to agricultural producers who are certified organic or transitioning to organic. USDA will make $20 million available through the new Organic and Transitional Education and Certification Program (OTECP) as part of USDA’s broader Pandemic Assistance for Producers initiative, which provides new, broader and more equitable opportunities for farmers, ranchers and producers.    

  • 2021 Farm Service Agency County Committee Elections Underway

    WASHINGTON, Nov. 3, 2021— The U.S. Department of Agriculture (USDA) will begin mailing ballots this week for the Farm Service Agency (FSA) county and urban county committee elections to all eligible agricultural producers and private landowners across the country. Elections are occurring in certain Local Administrative Areas (LAA) for these committee members who make important decisions about how federal farm programs are administered locally. To be counted, producers and landowners must return ballots to their local FSA county office or be postmarked by Dec. 6, 2021.  

Farm Service Agency
U.S. DEPARTMENT OF AGRICULTURE