Schedules for Upland Cotton Loan Rate Differentials Revised

The USDA Commodity Credit Corporation announced revised loan rate ranges and base-quality ranges for upland cotton strength and length uniformity, and changes to the staple lengths for which distinct color and leaf loan rate differentials are provided. Effective with the loan schedule for 2012, the base quality range for strength is established at 26.0 – 28.9 grams per tex and length uniformity is at 80.0 – 81.9 percent. These new ranges are consistent with Agricultural Marketing Service’s price reporting and the objectives of the marketing assistance loan program. Learn more.