Posted 2/19/2015 07:01 (#4397348 - in reply to #4397078) Subject: RE: cotton "fine count adjustment"
FCA measures how fine count cotton is valued on the world market versus how it is valued in the FSA loan. If the world market is not paying the premium that the loan schedule is offering, then the cotton is locked in the loan--and a FCA is triggered to allow fine count cotton to be redeemed and marketed. An FCA is subtracted from the AWP, when it is triggered.
cotton "fine count adjustment"
