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CCC to Implement Denied Storage Credits Software
According to “Notice CN-1030,” the Commodity Credit Corp. will deny storage credits for yard-stored upland cotton beginning March 25, ’08. A software upgrade will allow CCC to calculate applicable denied storage credits for upland cotton loan collateral for loan repayments on that date.
EPA Unveils New Web Site Resource
EPA's new web
multimedia portal offers a one-stop location for environmental video, audio/podcasts, and photography, as well as an examination of the most pressing environmental issues facing our nation.
President's '09 Budget (52k pdf)
President Bush released a summary and detailed fact sheet of his 2009 budget and its overall goals of: 1) addressing immediate economic challenges; 2) ensuring sustained prosperity; 3) keeping America Safe; and 4) balancing the Budget by '12.
USDA Issues Final 2007 Direct Payments
USDA announced on Sept. 25 that approximately $4 billion in final '07 direct payments will be issued soon to producers with base acres enrolled in the Direct and Counter-cyclical Program.
NCAE Alert Memo Regarding Recent DHS No-Match Rule (75k pdf)
A federal court in San Francisco blocked the Department of Homeland
Security’s (DHS) no-match rule from taking effect as scheduled -- providing employers with additional time to make sure they are ready to
comply if and when the rule does become effective.
Census of Agriculture Site Now Live
Information on the '07 Census of Agriculture is only a click away at a web site that went live on Sept. 10, '07 to provide farmers, ranchers and the rest of the agricultural community with the latest news and information about the upcoming Census.
Loan Cotton Charges and Transfers Described (48k pdf)
This NCC-developed paper describes loan charges that producers may face upon forfeiture of cotton and points out how recent regulatory changes may have affected loan charges. Also, on May 18, USDA's Farm Service Agency updated "Fees and Charges Assessed by the Commodity Credit Corporation for Loans and Transfers," their fact sheet that also includes an updated table that lists redemption and forfeiture charges.
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CCC Issues Policy Regarding Use of Cotton Transfer Process for Certification
The Commodity Credit Corp. permits use of the loan-cotton transfer process for the purpose of replacing electronic warehouse receipts (EWR's) with certificated EWR's. This will allow loan bales to be deliverable (after they are redeemed from loan) under futures contracts of the Intercontinental Exchange, Inc.
Cotlook to Discontinue Northern Europe “A” Index
Cotlook Limited has formally announced their intention to discontinue the Northern Europe “A” Index effective August 1, 2008.
See USDA's Farm Bill Proposal
USDA issued their farm bill proposal in January, 2007.
USDA Final Rule on Storage, Handling, and Ginning Requirements for Cotton Marketing Assistance Loan Collateral (75k pdf)
USDA issued its final rule amending the regulations relating to outside storage, ginner certification, reconcentration and storage credit.
NRCS Strategic Plan Now Available
"Productive Lands―Healthy Environment NRCS Strategic Plan 2005-2010" sets the direction for NRCS and describes the agency's conservation priorities and goals.
America's Heartland
A new weekly public television show that celebrates the miracle of American agriculture and the farm and ranch families that help make it possible will hit the airwaves this fall.
Conservation Provisions Overview from NRCS
The Farm Security and Rural Investment Act of 2002 is landmark legislation for conservation funding and for focusing on environmental issues. Provisions of the new law build upon past conservation gains and respond to calls for additional cost-share resources available to farmers and ranchers. USDA's Natural Resources Conservation Service provides a full range of information on available programs.
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