Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211


Agricultural News

NCC Praises Efforts to Reinstate Commodity Marketing Certificates

Thu, 04 Feb 2016 11:36:30 CST

NCC Praises Efforts to Reinstate Commodity Marketing Certificates
The U.S. Department of Agriculture announced the implementation and availability of commodity marketing certificates as part of the Marketing Loan Program (MLP) available to all loan eligible commodities.

There is a long history of certificates being available as part of the MLP to ensure the program functions as intended, allowing commodities to continue to flow to the marketplace and end users, and to prevent the forfeiture of commodities to USDA. In periods of depressed commodity prices, the MLP cannot function as intended to provide a minimum level of price stability to producers.

The National Cotton Council (NCC), on behalf of the U.S. cotton industry, strongly commends House Agriculture Appropriations Subcommittee Chairman Aderholt (R-AL), House Agriculture Committee Chairman Conaway (R-TX), Senate Appropriations Committee Chairman Cochran (R-MS) and Senate Agriculture Appropriations Subcommittee Chairman Moran (R-KS) for all of their efforts to ensure this provision was included in the FY16 Agriculture Appropriations bill, providing USDA the authority to again make available marketing certificates for the redemption of loan commodities.

In addition, the NCC thanks Agriculture Secretary Vilsack and his team at USDA that have worked since late December to develop the necessary regulations and provisions to implement this critically important provision. The cotton industry is encouraged to see this functionality and effectiveness restored to the MLP.



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Stay Ahead of Nematodes and Participate in BASFs SCN Action Month  Fri, 15 Oct 2021 21:59:28 EDT
  • Oklahoma Grain Elevator Cash Bids as of 2 p.m. Friday, October 15, 2021  Fri, 15 Oct 2021 21:49:39 EDT
  • Friday, October 15, 2021, Market Wrap-Up with Justin Lewis  Fri, 15 Oct 2021 21:46:09 EDT
  • 2022 Edition Now Available of the NCBA Redbook   Fri, 15 Oct 2021 15:32:28 EDT
  • Congressman Frank Lucas and the Rest of the Oklahoma Delegation Call on Biden to Put American Energy First  Fri, 15 Oct 2021 13:02:04 EDT
  • USDA Designates Eight Oklahoma Counties as Primary Natural Disaster Areas  Fri, 15 Oct 2021 11:31:22 EDT
  • NCBAs Kent Bacus Hopeful Biden Administration Will Pursue Deals Beneficial to US Beef Producers  Fri, 15 Oct 2021 10:10:35 EDT
  • Feeder Steers and Heifers Steady to Higher, Steer Calves Higher at Woodward Livestock on Thursday  Fri, 15 Oct 2021 05:26:37 EDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.


    Search OklahomaFarmReport.com

    © 2008-2021 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.