By Mary Jane Buerkle
Cotton growers have a new resource to help determine their seed cotton
Price Loss Coverage (PLC) payment rate per base acre.
The Seed Cotton PLC Payment Matrix is a helpful decision tool for
producers as they begin to make their Title I policy decisions for the
2019 and 2020 crop years.
Growers can plug in their own seed cotton yield to estimate their seed
cotton PLC payment rate per base acre. The matrix takes into account the
marketing year average (MYA) price for lint and seed. It is current as of
the end of December 2019 and will be updated monthly.
“This is not a guaranteed calculation, but it will give growers and
lenders an idea of their potential PLC payment rate on seed cotton,” PCG
Vice President of Operations and Legislative Affairs Kody Bessent said.
The spreadsheet is only available via desktop and is not optimized for
mobile. The link can be found on the Tools and Reminders page on the PCG
website at https://plainscotton.org/tools-and-reminders/.
If you have trouble with the spreadsheet, call PCG at (806) 792-4904.