It would allow the producer to focus on the marketing alternatives for hiscotton and provide opportunities to maximize his profit when considering his marketingalternatives. While these reforms might reduce the initial loan payment rate to someproducers, the decrease would be offset by an increase in the value of the producer'soption-to- purchase. Schiefer stressed, "These policy changes would maintain the safetynet aspects of the marketing loan and make it more competitive by encouragingproducers to focus on the market and not the loan." "Those producers who capture themarketing opportunities available immediately after harvest and ginning are more likelyto maximize their profit potential," Scheifer said
American Cotton Shippers Association
marketing@alchempro.com
