RANKING MEMBER BISHOP APPLAUDS AGRICULTURE SECRETARY PERDUE FOR EXPANSION OF COTTON GINNING COST SHARE PROGRAM
Mar 6, 2018
WASHINGTON, DC – Congressman Sanford D. Bishop, Jr. (GA-02), Ranking Member of the U.S. House Appropriations Subcommittee on Agriculture, applauds U.S. Secretary of Agriculture Sonny Perdue for his announcement on Saturday that the U.S. Department of Agriculture (USDA) will expand the Cotton Ginning Cost Share program to cover the 2016 crop year.
“The expansion of the Cotton Ginning Cost Share program, in addition to the cotton provisions included in the recent disaster bill, will provide much needed stability to cotton growers in Georgia and across the nation,” said Congressman Bishop. “I commend USDA, as well as my colleagues in Congress, for stepping up to the plate on this issue. This program has a proven record of success, and I thank Secretary Perdue for his leadership and commitment to the nation’s agricultural community.”
The federal Cotton Ginning Cost Share Program operated under the previous administration for the 2015 crop year, while the new program will apply for the 2016 crop year. Through the new Cotton Ginning Cost Share program, eligible producers received a cost share payment for their gin costs, based on acreage, multiplied by 20 percent of the average ginning cost for each production region. Administered by USDA’s Farm Service Agency (FSA), the program has already demonstrated itself to be an effective tool in stabilizing cotton prices and providing relief to farmers and the assorted manufacturers and consumers that rely on cotton.
The sign-up period for the Cotton Ginning Cost Share program will run from March 12, 2018 through May 11, 2018. Additional information on the program can be found here. Farmers can find their local FSA office here.
Congressman Bishop has been a consistent champion for the Cotton Ginning Cost Share program. Last July, he authored a letter with other congressional agriculture leaders urging the programs expansion. Full text of the letter can be found here. Congressman Bishop also spearheaded language in last month’s disaster assistance bill naming cotton seed as commodity, making it eligible for Title I Agriculture Risk Coverage and Price Loss Coverage programs.