Amcot applauds cotton and tax provisions in OBBBA
Amcot has praised Congress and the Trump Administration for passing the One Big Beautiful Bill Act (OBBBA), which strengthens U.S. cotton competitiveness and enhances the farm safety net. The bill updates the marketing loan program and improves Price Loss Coverage (PLC) for seed cotton, offering vital support for growers facing rising costs and global competition.
These provisions provide critical tools for cotton growers to manage risk and remain viable in
Meredith Allen, Chairman of Amcot
the face of rising production costs, volatile agricultural prices, and increasing competition from
foreign-grown cotton along with man-made fibers. We’re grateful for the hard work of so many who made this legislation a reality.
The OBBBA also includes permanent tax code improvements, reinforcing agricultural cooperatives and family farms, fostering long-term stability and investment in rural America.
Amcot also thanked the National Cotton Council of America and the National Council of Farmer Cooperatives for their key roles in securing these provisions.
