QID 050080 Prices Received by Farmers for Cotton Private Merchants

PRICES RECEIVED BY FARMERS FOR COTTON Private Merchants
			OMB No. 0535-0003 Approval Expires: 5/31/2016 Project Code: 186 QID: 050080 SMetaKey: 332
				United States Department of Agriculture
				NATIONAL AGRICULTURAL STATISTICS SERVICE

						USDA/NASS - Texas Southern Plains Region PO Box 70 Austin, TX 78767-0070 Phone: 1-800-626-3142 Fax: 1-855-270-2725 E-mail: [email protected]

Please make corrections to name, address and ZIP Code, if necessary.

Average prices received by farmers for cotton are needed to compute price indexes, parity prices, and farm income. By supplying the information requested below, you will be helping to accurately estimate prices received by farmers. Information requested in this survey is used to prepare estimates of selected agricultural commodities.

The information you provide will be used for statistical purposes only. In accordance with the Confidential Information Protection provisions of Title V, Subtitle A, Public Law 107–347 and other applicable Federal laws, your responses will be kept confidential and will not be disclosed in identifiable form to anyone other than employees or agents. By law, every employee and agent has taken an oath and is subject to a jail term, a fine, or both if he or she willfully discloses ANY identifiable information about you or your operation. Response is voluntary.

According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid OMB control number. The valid OMB number is 0535-0003. The time required to complete this information collection is estimated to average 20 minutes per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.

February 2016

Instructions for Reporting Prices Please report average prices for the time period specified. The prices should reflect an f.o.b. warehouse price. Reported price should account for all grades of cotton purchased or delivered to your firm directly from producers as first time sales, without regard to eventual ownership or user. Include only cotton for which you paid or will pay the check-off as cotton purchased from producers. Exclude purchases from country buyers or other merchants. To arrive at an f.o.b. warehouse price, start with (1) the average price paid per pound to producers for cash purchases and contract deliveries, or (2) dollars per bale for option purchases (Form 605) for the period, or (3) the total dollars paid for cash or option purchases cotton during the period. Then, make the necessary adjustments, if any, listed below.
Items TO BE Deducted from Reported Price:		Items NOT TO BE Deducted from Reported Price:
	Compression and load out; Interest, storage and other marketing charges incurred after the producer relinquishes title; Any government payments (i.e., loan deficiency payments, “POP” payments); Gains from repaying loan at less than the loan rate.		Transportation costs to the warehouse; Warehouse receiving charges; Interest, storage and other marketing cost incurred by the producer while retaining ownership; Producer check-off fees for the Cotton Research and Promotion Assessment Program.
Note: If current deductions or add-ons are not available, use the average of the previous 3 years projected to the current year.

Cash Purchases and Contract Deliveries 2015 Crop and Earlier UPLAND Cotton

Report cash cotton purchased directly from farmers except Form 605 transactions. Form 605 transactions should be reported as cotton acquired under loan. Include only cash cotton for which you paid or will pay the check-off fee as cotton purchased from producers. If "POP" cotton, exclude direct government payment to producer.

State of Origin	Office Use Fips Code	Full month of January Corresponding accounting period may be used
		Cash Purchases			Contract Deliveries
		Number of Bales	Average Cents Per Pound		Number of Bales	Average Cents Per Pound
Texas	201	211	221	__ __ . __	231	241	__ __ . __
     	201	211	221	__ __ . __	231	241	__ __ . __
     	201	211	221	__ __ . __	231	241	__ __ . __
     	201	211	221	__ __ . __	231	241	__ __ . __
     	201	211	221	__ __ . __	231	241	__ __ . __
All States Total		902			912

UPLAND Cotton under Loan Acquired from Producers by Option Payments (Using Form 605) Report the number of bales, option payment and average net weight per bale.
State of Origin	Office Use Fips Code	Full month of January Corresponding accounting period may be used
		2015 Crop					2014 & Earlier
		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight
Texas	301	311	321	__ __ .	331		341	351	__ __ .	361
     	301	311	321	__ __ .	331		341	351	__ __ .	361
     	301	311	321	__ __ .	331		341	351	__ __ .	361
All States Total		903					913

Do you purchase American Pima cotton from producers?. . .

Yes - Continue No – Sign, date & return form

Cash Purchases and Contract Deliveries 2015 Crop and Earlier AMERICAN PIMA Cotton Report cash cotton purchased directly from farmers except Form 605 transactions. Form 605 transactions should be reported as cotton acquired under loan. Include only cash cotton for which you paid or will pay the check-off fee as cotton purchased from producers. If "POP" cotton, exclude direct government payment to producer.
State of Origin	OFFICE USE (FIPS CODE)	Full month of January Corresponding accounting period may be used
		Cash Purchases			Contract Deliveries
		Number of Bales	Average Cents Per Pound		Number of Bales	Average Cents Per Pound
Texas	501	511	521	__ __.__	531	541	__ __.__
     	501	511	521	__ __.__	531	541	__ __.__
     	501	511	521	__ __.__	531	541	__ __.__
All States Total		905			915

AMERICAN PIMA Cotton under Loan Acquired from Producers by Option Payments (Using Form 605) Report the number of bales, option payment and average net weight per bale.
State of Origin	OFFICE USE (FIPS CODE)	Full month of January Corresponding accounting period may be used
		2015 Crop					2014 & Earlier
		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight
Texas	601	611	621	___ ___ .	631		641	651	___ ___ .	661
     	601	611	621	___ ___ .	631		641	651	___ ___ .	661
     	601	611	621	___ ___ .	631		641	651	___ ___ .	661

All States Total		906				916

Respondent Name:

9911 Phone: ( )

9910 MM DD YY Date: __ __ __ __ __ __

THANK YOU FOR YOUR COOPERATION

OFFICE USE ONLY

Response

Respondent

Mode

Enum.

Eval.

R. Unit

Change

Office Use for POID

1-Comp 2-R 3-Inac 4-Office Hold 5-R – Est 6-Inac – Est 7-Off Hold – Est

9901

1-Op/Mgr 2-Sp 3-Acct/Bkpr 4-Partner 9-Oth

9902

1-Mail 2-Tel 3-Face-to-Face 4-CATI 5-Web 6-e-mail 7-Fax 8-CAPI 19-Other

9903

9998

9900

9921

9985

9989 __ __ __ - __ __ __ - __ __ __

001

Optional Use

002

9907

9908

9906

9916

S/E Name

4