Cotton Program

The 2016 Loan Rate for Upland Cotton is $0.52 per pound.

Background

USDA's Commodity Credit Corporation (CCC) marketing assistance loans (MAL) are a marketing tool producers can use to store their production after harvest, which increases their marketing opportunities. In place of using MALs, producers may elect to take a loan deficiency payment (LDP) that provides a payment equal to any net gain from a MAL.

This fact sheet explains various fees and charges associated with cotton MALs, LDPs, and the relocation of cotton loan collateral.

USDA Registry for Cotton Merchants

USDA's Farm Service Agency (FSA) maintains an internal-use-only national registry to help cotton merchants efficiently redeem cotton held as collateral by USDA.

Cotton Online Redemption Instructions (pdf)