Analysis of the STAX and SCO Programs for Cotton Producers
Both the House and Senate farm bills include changes to Title I commodity programs and crop insurance programs, including a new shallow loss revenue protection program, a price protection program, and two supplemental crop insurance programs. A key change in the new farm bill is that the Title I shallow loss revenue protection and price protection programs would not be available to cotton producers. Instead, cotton producers would have the option to enroll in either the Supplemental Coverage Option (SCO) or the Stacked Income Protection Plan (STAX). Both products are similar to the Group Risk Income Protection (GRIP) crop insurance policy and would cover county-wide losses. The products are designed to complement a producers’ individual insurance policy. Understanding the differences in payments from Title I programs as compared to potential payments from the STAX or SCO programs will be important for cotton producers. For this study, average direct payments and counter-cyclical payments over the 2002–2011 time period were compared to potential STAX and SCO payments for several Oklahoma and Texas counties.
|Date of creation:||13 Sep 2013|
|Contact details of provider:|| Postal: 555 East Wells Street, Suite 1100, Milwaukee, Wisconsin 53202|
Phone: (414) 918-3190
Fax: (414) 276-3349
Web page: http://www.aaea.org
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Campiche, Jody, 2013. "Details of the Proposed Stacked Income Protection Plan (STAX) Program for Cotton Producers and Potential Strategies for Extension Education," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 45(03), pages 569-575, August.
- Campiche, Jody L., 2013. "Details of the Proposed Stacked Income Protection Plan (STAX) Program for Cotton Producers and Potential Strategies for Extension Education," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 45(03), August.
When requesting a correction, please mention this item's handle: RePEc:ags:aaeaci:156826. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.