Cotton AWP/LDP 05/20 11:48


Cotton AWP/LDP 05/20 11:48

Next week's LDP (POP) rate will be based on this week's five day average
AWP, plus or minus any change in the adjustment factor or any use of the
Secretary's discretionary authority. The following table shows how this
week's "A" index prices may affect next week's Marketing Loan Gain.


Crnt Forwrd Trans Count Count
5 Low 5 Low US & Mktg Adj Adj
(FE) (FE) Low Qual Loan 2010 2011
Date Quotes Quotes Quote Adj AWP Gain* Crop** Crop**
Fri, May-17-19 76.15 76.30 76.25 17.24 58.91 0.00 0.00 0.00
Mon, May-20-19 75.40 75.55 75.50 17.24 58.16 0.00 0.00 0.00
Tue, May-21-19
Wed, May-22-19
Thu, May-23-19
Average Week
to date 75.78 75.93 75.88 17.24 58.54 0.00 0.00 0.00
In Effect
5-17 to 5-23 76.75 77.02 76.95 17.24 59.51 0.00 0.00 0.00

* No Step 1 action.
**Fine Count Adjustment cannot be less than zero.
NA = not available.
NA** = Not announced due to government shutdown.