Related Words

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 th . . . View Full Definition

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 i . . . View Full Definition

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 th . . . View Full Definition

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 w . . . View Full Definition