The 2011 crop loan rate differentials for upland and extra long staple cotton were released today by the U.S. Department of Agriculture’s Farm Service Agency. The differentials are calculated based on market valuations of various cotton quality factors for the prior three years. The 2011-crop differential schedules are applied to loan rates of 52.00 cents per pound for the base grade of upland cotton and 79.77 cents per pound for ELS cotton. View loan rate tables.
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