Details of the Proposed Stacked Income Protection Plan (STAX) Program for Cotton Producers and Potential Strategies for Extension Education

The new Farm Bill could lead to significant changes for commodity producers. The potential impact of these changes on cotton producers is examined. In particular, the difference between the existing Direct and Counter-Cyclical Payment Program and the new Stacked Income Protection Plan (STAX) for cotton producers is discussed. An illustrative example is provided to show how payments to cotton producers could potentially differ for a specific year under various programs. Detailed information on STAX calculations and a STAX payment calculator is included to assist with the development of Extension programs targeted to cotton producers, landowners, and bankers.


Keywords:
Editor(s):
Bosch, Darrell J.
Marchant, Mary A.
Wetzstein, Michael
Issue Date:
Aug 01 2013
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/155445
Published in:
Journal of Agricultural and Applied Economics, Volume 45
Page range:
569-575
Total Pages:
7
JEL Codes:
Q12; Q18
Series Statement:
Volume 45
Number 3




 Record created 2017-04-01, last modified 2017-08-27

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