Adjusted World Price

Business / Agriculture / Adjusted World Price: As part of the upland cotton and the rice marketing assistance loan programs, USDA calculates and publishes, on a weekly basis, what is known as the adjusted world price (AWP). The AWP is the prevailing world price for upland cotton, adjusted to account for U.S. quality and location. Producers who have taken out USDA marketing assistance loans may choose to repay them at either the lesser of the established loan rate for upland cotton, plus interest, or the announced AWP for that week. The AWP for cotton also is used for determining Step 2 payments.

Other Words for Price

Price Noun Synonyms: charge, cost, expense, expenditure, outlay, payment, amount, figure, fee, quotation, appraisal, value, valuation, evaluation, worth
Price Verb Synonyms: sacrifice, toll, penalty, cost, consequence
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Other Words for World

World Noun Synonyms: earth, planet, sphere, globe, Terra, universe, cosmos, existence, creation, life
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Posted County Price (PCP)

Business / Agriculture / Posted County Price (PCP): This price is calculated for wheat and feed grains for each county by the Farm Service Agency. The PCP reflects changes in prices in major terminal grain markets (of which there are 18 in the country) MORE

Adjusted World Price (AWP)

Business / Agriculture / Adjusted World Price (AWP): As part of the upland cotton marketing assistance loan program, USDA calculates and publishes, on a weekly basis, what is known as the adjusted world price (AWP). The AWP is the prevailing world price MORE

Northern Europe (NE) Cotton Price

Business / Agriculture / Northern Europe (NE) Cotton Price: An average of the five lowest prices of several internationally-traded cottons (including cost, insurance, and freight) quoted for delivery in Northern Europe. The NE price is used by USDA in its form MORE

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