date:Sep 29, 2018
istance programs announced by USDA in March 2018 (USDA FSA, Cotton Ginning Cost Share Program).
Payments for the 2018 soybean and cotton crops certainly stand out. Soybeansexpected to bear the brunt of the tariff conflict with Chinaare receiving the largest share of USDAs MFP for 2018 (estimated $3.6 billion). The increased spending on the 2018 cotton crop comes from three sources: (1) addition of seed cotton to the list of covered commodities eligible for ARC or PLC payments for the 2018 crop