ANNOUNCEMENT 03 Dec 2014

On 3 December 2014, the US government granted a state loan to Staple Cotton Cooperative Association as part of the program Commodity Loans and Loan Deficiency Payments.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

USAspending.gov. Award page. Commodity Loans and Loan Deficiency Payments. Staple Cotton Cooperative Association.
https://www.usaspending.gov/award/ASST_NON_16407361_12D2

U.S. Department of Agriculture, Farm Service Agency, Programs and Services, Commodity Loans (retrieved on 15/07/2021). Available at: https://www.fsa.usda.gov/programs-and-services/price-support/commodity-loans/

U.S. Department of Agriculture, Farm Service Agency, Programs and Services, Loan Deficiency Payments (retrieved on 15/07/2021). Available at: https://www.fsa.usda.gov/programs-and-services/price-support/loan-deficiency/index

Inception date: 03 Dec 2014 | Removal date: open ended

State loan

On 3 December 2014, the Department of Agriculture approved a state loan worth USD 11 million to Staple Cotton Cooperative Association located in United States of America, MS, Greenwood. The support was granted through the Commodity Loans and Loan Deficiency Payments programme.

The Commodity Loans and Loan Deficiency Payments program provides loans and direct payments to farmers to help them in the orderly marketing of their crops, improve and stabilize farm income, and assist in bringing about a better balance between supply and demand of the commodities. The program is run by the U.S. Department of Agriculture (USDA) Farm Service Agency.

AFFECTED SECTORS