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Details of the Proposed Stacked Income Protection Plan (STAX) Program for Cotton Producers and Potential Strategies for Extension Education

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  • Campiche, Jody L.

Abstract

The new Farm Bill could lead to significant changes for commodity producers. The potential impact of these changes on cotton producers is examined. In particular, the difference between the existing Direct and Counter-Cyclical Payment Program and the new Stacked Income Protection Plan (STAX) for cotton producers is discussed. An illustrative example is provided to show how payments to cotton producers could potentially differ for a specific year under various programs. Detailed information on STAX calculations and a STAX payment calculator is included to assist with the development of Extension programs targeted to cotton producers, landowners, and bankers.

Suggested Citation

  • 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, pages 1-7, August.
    • Handle: RePEc:ags:joaaec:155445
    DOI: 10.22004/ag.econ.155445
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    Cited by:

    1. Campiche, Jody L., 2013. "Analysis of the STAX and SCO Programs for Cotton Producers," 2013 AAEA: Crop Insurance and the Farm Bill Symposium 156826, Agricultural and Applied Economics Association.
    2. Devadoss, Stephen & Luckstead, Jeff, 2018. "Production and Moral Hazard Effects of 2014 Cotton Farm Bill Policies," 2018 Annual Meeting, February 2-6, 2018, Jacksonville, Florida 266763, Southern Agricultural Economics Association.
    3. Stephen Devadoss & Jeff Luckstead, 2020. "US–Brazilian cotton policies," The World Economy, Wiley Blackwell, vol. 43(8), pages 2222-2236, August.
    4. Boyer, Christopher N. & Jensen, Kimberly L. & McLeod, Elizabeth & Larson, James A., 2016. "Upland Cotton Producers’ Willingness to participate in a BMP/STAX Pilot Program," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 234975, Agricultural and Applied Economics Association.

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    Keywords

    Environmental Economics and Policy;

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