On the PCG website is a resource to help cotton growers estimate their seed cotton Price Loss Coverage (PLC) payment rate per base acre.
The Seed Cotton PLC Payment Matrix is a helpful decision tool for producers to be able to easily track monthly estimates of the 2020 PLC price which if triggered will be paid in October of this year.
Growers can plug in their own seed cotton yield to estimate their seed cotton PLC payment rate per base acre. The matrix takes into account the marketing year average (MYA) price for lint and seed. It is current as of the ...