February 5, 2021
Plains Cotton Growers (PCG) will host a virtual information session for producers, Feb. 16, 2021, about options available through the Federal Crop Insurance Program for the 2021 growing season.
The purpose of the seminar is to acquaint producers with the wide variety of existing and new crop insurance products offered. How those products complement, or in some instances, can be substituted for other USDA program options, will also be reviewed, according to a recent press release.
(Shawn Wade, Plains Cotton Growers (Photo courtesy of Plains Cotton Growers.)
“With an uncertain weather and market situation cotton producers should carefully consider the full range of risk management products heading into the 2021 growing season,” says PCG Policy Analysis and Research Director Shawn Wade. “The fact is that growers have a tremendous amount of latitude when it comes to putting together a robust risk management program due to the availability of existing program enhancements, such as Yield Exclusion and Trend Adjusted Yield adjustments and policy add-ons like the Cotton Seed (Pilot) Endorsement, Stacked Income Protection Program (STAX), Supplemental Coverage Option (SCO), and the new Enhanced Coverage Option (ECO).”
Crop insurance in combination with one or more of these components has the ability to provide a multitude of meaningful options for producers and improve the risk management programs they depend on to get them through uncertain weather and market situations, Wade added.
The seminar begins at 9 a.m. For more information or to register for the free seminar, visit PCG.
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