{"id":417,"date":"2020-03-31T15:44:54","date_gmt":"2020-03-31T19:44:54","guid":{"rendered":"https:\/\/site.extension.uga.edu\/turnerab\/?p=417"},"modified":"2020-03-31T15:44:56","modified_gmt":"2020-03-31T19:44:56","slug":"weighing-whether-to-take-the-ldp-for-cotton-liu","status":"publish","type":"post","link":"https:\/\/site.extension.uga.edu\/turnerab\/2020\/03\/weighing-whether-to-take-the-ldp-for-cotton-liu\/","title":{"rendered":"Weighing Whether to Take the LDP for Cotton &#8211; Liu"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The\nU.S. Department of Agriculture Farm Service Agency announces the weekly average\nadjusted world price (AWP) and loan deficiency payment (LDP) rate every\nThursday in the <a href=\"https:\/\/www.fsa.usda.gov\/FSA\/epasReports?area=home&amp;subject=ecpa&amp;topic=fta-uc\">Upland\nCotton Announcement<\/a>. The low cotton prices recently have triggered the LDP\nfor cotton. Producers are highly recommended to follow closely to the Upland\nCotton Announcement for the updated value of LDP. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The\nAWP on the March 26, 2020 announcement was 44.99 cents per pound. The LDP rate\nof 7.01 cents per pound is available from March 27 through April 2. The LDP\nrate is the difference between the base loan rate of 52.00 cents and the AWP.\nIf taking the LDP, the producer should be aware that there is no further\nprotection from prices going even lower. Producers can wait until April 1 or\nApril 2 to see what the prices hold for this week. If a producer is willing to\ntake the risk and feels that cotton prices are going to improve, then the\nproducer could take the LDP and market the cotton later.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Department of Agriculture Farm Service Agency announces the weekly average adjusted world price (AWP) and loan deficiency payment (LDP) rate every Thursday in the Upland Cotton Announcement. The low cotton prices recently have triggered the LDP for cotton. Producers are highly recommended to follow closely to the Upland Cotton Announcement for the updated [&hellip;]<\/p>\n","protected":false},"author":304,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-417","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/site.extension.uga.edu\/turnerab\/wp-json\/wp\/v2\/posts\/417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/site.extension.uga.edu\/turnerab\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/site.extension.uga.edu\/turnerab\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/site.extension.uga.edu\/turnerab\/wp-json\/wp\/v2\/users\/304"}],"replies":[{"embeddable":true,"href":"https:\/\/site.extension.uga.edu\/turnerab\/wp-json\/wp\/v2\/comments?post=417"}],"version-history":[{"count":2,"href":"https:\/\/site.extension.uga.edu\/turnerab\/wp-json\/wp\/v2\/posts\/417\/revisions"}],"predecessor-version":[{"id":419,"href":"https:\/\/site.extension.uga.edu\/turnerab\/wp-json\/wp\/v2\/posts\/417\/revisions\/419"}],"wp:attachment":[{"href":"https:\/\/site.extension.uga.edu\/turnerab\/wp-json\/wp\/v2\/media?parent=417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/site.extension.uga.edu\/turnerab\/wp-json\/wp\/v2\/categories?post=417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/site.extension.uga.edu\/turnerab\/wp-json\/wp\/v2\/tags?post=417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}