Cotton AWP/LDP 02/23 09:52
23 Feb 2016
Cotton AWP/LDP 02/23 09:52 Next week's LDP (POP) rate will be based on this week's five day average AWP, plus or minus any change in the adjustment factor or any use of the Secretary's discretionary authority. The following table shows how this week's "A" index prices may affect next week's Marketing Loan Gain. Crnt Forwrd Trans Count Count 5 Low 5 Low US & Mktg Adj Adj (FE) (FE) Low Qual Loan 2010 2011 Date Quotes Quotes Quote Adj AWP Gain* Crop** Crop** Fri, Feb-19-16 65.10 NA 68.00 19.75 45.35 6.65 0.13 0.08 Mon, Feb-22-16 65.10 NA 67.75 19.75 45.35 6.65 0.13 0.08 Tue, Feb-23-16 64.40 NA 67.00 19.75 44.65 7.35 0.12 0.07 Wed, Feb-24-16 Thu, Feb-25-16 Average Week to date 64.87 NA 67.58 19.75 45.12 6.88 0.12 0.07 In Effect 2-19 to 2-25 64.44 NA 67.35 19.75 44.69 7.31 0.14 0.09 * No Step 1 action. **Fine Count Adjustment cannot be less than zero. NA = not available. NA** = Not announced due to government shutdown.