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STAX, SCO payments going out

Following announcement of final 2022 county yields for Upland cotton on June 22, the USDA Risk Management Agency has begun sending final indemnity payments to Upland cotton producers who purchased 2022 crop year Supplemental Coverage Option (SCO) or Stacked Income Protection Plan (STAX) policies.For most of Texas the combination of below average yields and Upland cotton harvest prices set the stage for both SCO and STAX payments to be triggered in most counties.Looking specifically at 2022 STAX policies purchased in the Plains Cotton Growers (PCG) service area, all of PCG’s member counties triggered STAX indemnities at some level.The amount of ...

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331
806-872-2177