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USDA/FSA | RIN: 0560-AH81 | Publication ID: Fall 2008 |
Title: ●Cotton Program Changes for Loans, Loan Deficiency Payments, Upland Cotton, and Extra Long Staple Cotton | |
Abstract: The final rule will establish and revise cotton program regulations required to implement provisions of the 2008 Farm Bill. Ongoing programs for which regulations are amended are the: (1) Recourse seed-cotton loan program for upland and ELS cotton; (2) non-recourse marketing assistance loans for upland cotton and ELS cotton; and (3) the ELS competitiveness payment program. New regulations are established for the Economic Adjustment Assistance to Users of Upland Cotton Program, a new program established by the 2008 Farm Bill to provide cash payments to domestic upland cotton users. The 2008 Farm Bill requires substantive changes to existing programs that must be reflected in the regulations, including a change in the way the world price for upland cotton is calculated and a reduction in the rate paid for cotton storage. | |
Agency: Department of Agriculture(USDA) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 7 CFR 1427 | |
Legal Authority: PL 110-246 |
Legal Deadline:
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Deirdre Holder Branch Chief, Regulatory Analysis and PRA Requirements Branch Department of Agriculture Farm Production and Conservation Business Center, 1400 Independence Avenue SW, Washington, DC 20250-0572 Phone:202 205-5851 Email: deirdre.holder@usda.gov |