Plains Cotton Growers, Inc. is set to host a virtual Cotton Crop Insurance Seminar on Tuesday, February 16, 2021. Register online TODAY (https://plainscotton.org/cotton-crop-insurance-seminar/), once you register you will receive the zoom information.
During this seminar we will review and discuss numerous options that are currently available to producers for the 2021 growing season through the Federal Crop Insurance Program.
The purpose of this seminar is to familiarize producers with the wide variety of existing and new crop insurance products available to them in 2021. We will also discuss how crop insurance can be employed to complement or in some instances be substituted for other USDA program options.
“With uncertain weather and market situations, cotton producers should carefully consider the full range of risk management products heading in the 2021 growing season,” says Shawn Wade, Director of Policy Analysis and Research for Plains Cotton Growers, Inc. “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 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.
