date:Sep 29, 2018
ps in 2018. The per-acre MFP is calculated using the payment rate multiplied by national average yields. Cotton ginning assistance is the average of the regional payment rates announced by USDA.
Combined, this information produces a rather striking picture for cotton. The 2018 revenue forecast for the crop is above the average revenue in 2014. Cotton also has the highest revenue relative to recent years as measured by the five-year Olympic average (117.23%). On top of that, cotton will receive