ARCPLC Decision Aid and Write-Up
March 02 2021 ARC/PLC Information
2021 Seed Cotton (SC) ARC/PLC Quick Read and Decision Aid
Don Shurley
Cotton Economist-Retired
Department of Agricultural and Applied Economics, University of Georgia
Producers may elect and must enroll in ARC or PLC, by crop by farm, for the 2021 crop year by March 15. If no election is made, the election previously made for 2019-2020 will remain for 2021.
PLC is a payment based on a market price trigger—if the market price is less than the Effective Reference Price. ARC is revenue based. Payment is received if Actual Revenue is less than the Revenue Guarantee which is based on price and county yield history.
U.S. Cotton Trust Protocol Webinar Sessions for Producers
September 17 2020 U.S. Cotton Trust Protocol
U.S. cotton producers’ gains toward reaching (by 2025) the U.S. cotton industry’s national sustainability goals:
Producers’ involvement in the voluntary Trust Protocol provides them a unique opportunity to examine their farming operations for areas where further changes can be made – a step that not only should reduce their environmental footprint but benefit their bottom line.
Read More…
- 13% increase in productivity, i.e. reduced land use per pound of fiber;
- 18% increase in irrigation efficiency;
- 39% reduction in greenhouse gas emissions;
- 15% reduction in energy use;
- 50% reduction in soil loss; and
- 30% increase in soil carbon.
Producers’ involvement in the voluntary Trust Protocol provides them a unique opportunity to examine their farming operations for areas where further changes can be made – a step that not only should reduce their environmental footprint but benefit their bottom line.
Read More…