A Index Explained . Date of index value: 14:28 GMT 8th Dec, 2023
Index Name | Value | Change |
---|---|---|
A Index | 92.70 | (+2.75) |
The marketing staff of Plains Cotton Cooperative Association (PCCA) reviews the Cotlook A-Index price level, changes and composition on a daily basis as part of our price discovery process in order to answer the following questions:
The Cotlook A-Index has been the benchmark used for loan repayment calculations under the Marketing Assistance Loan program since the beginning of the 1985 Farm Bill. Since then, PCCA has used the A-Index quotes as a market signal to know when to redeem cotton from the loan program in order to maximize benefits to our members.