The upland cotton price formula uses the three lowest quoted growths
To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 10310, Sec. 10310.
Written by .
The upland cotton price formula uses the three lowest quoted growths
The document says “shall”Who acts: Secretary of AgricultureHow: statuteSec. 10310 in the PDF
What the document says
“the formula under paragraph (1)(A) shall be based on the average of the 3 lowest-priced growths that are quoted.”
The section adds a new paragraph (2) to subsection (d) of section 1204 of the Agricultural Act of 2014 providing that for any period when price quotations for a named grade of upland cotton are available the formula is based on the average of the three lowest-priced growths quoted. It also adds extra long staple cotton to the list of commodities in paragraph (1).
What the document actually says
“the formula under paragraph (1)(A) shall be based on the average of the 3 lowest-priced growths that are quoted.”
That sentence, in plain words
The price formula uses three growths of cotton. They are the three with the lowest quoted prices. The formula takes their average.
What this is about
A growth is cotton from one growing region. Quoted prices come from cotton markets. Using the three lowest holds the figure down.
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Provide for reconciliation pursuant to title II of H. Con. Res. 14, Public Law 119-21, sec. 10310, 139 Stat. 94 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“The upland cotton price formula uses the three lowest quoted growths,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 10310, Sec. 10310. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec10310-price-quotations/ (retrieved August 26, 2026).
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