IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jul 2016 | Removal date: open ended
Still in force

Production subsidy

The Farm Service Agency (FSA) of the U.S. Department of Agriculture announced on June 8, 2016 that it will provide an estimated $300 million in cost-share assistance payments to cotton producers through the new Cotton Ginning Cost-Share program. This program, which aims to expand and maintain the domestic marketing of cotton, provides to eligible producers a one-time cost share payment. The size of the payment is based on a producer's 2015 cotton acres reported to FSA, multiplied by 40% of the average ginning cost for each production region.
 
Sign-up for the program began on June 20, 2016 and will run through August 5, 2016. Payments will be processed as applications are received, and are expected to begin in July.
 
The program has a $40,000 per producer payment limit, as well as a requirement that the recipient is actively engaged in farming, meets conservation compliance, and has an income no higher than $900,000.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

019 Forage; natural rubber; living plants; raw vegetable materials
5201 Cotton, not carded or combed.
520100 Cotton, not carded or combed.

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