CHICAGO (B)--U.S. Department of Agriculture's "prudent action" in allowing the use of commodity marketing certificates has enhanced U.S. cotton's competitiveness and marketability by increasing crop availability and cutting government stocks, said the National Cotton Council in a recent news release.

Certificate usage "not only has enabled producers to realize greater marketing loan gains--a significant benefit with agricultural prices having fallen to 25-year lows--but saved the government significant storage costs and prevented the price-depressing action of a government auction of hundreds of thousands of bales," said NCC President Robert E. McLendon.

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