Farm Service AgencyFarm Service AgencyFarm ProgramsFarm Programs

Price Support DivisionPrice Support Division

LSA Training LSA Training

Opening RemarksOpening Remarks

• IntroductionsIntroductions

• Review Review agendaagenda– Purpose of meetingPurpose of meeting

• Administrative itemsAdministrative items– SafetySafety– Building layoutBuilding layout– BreaksBreaks

Loan Servicing AgentsLoan Servicing Agents

• Authorized to make cotton MAL’s, LDP’s to Authorized to make cotton MAL’s, LDP’s to producers who retain BIproducers who retain BI

• Currently 8 LSA’s approved of which 1 Currently 8 LSA’s approved of which 1 suspendedsuspended

• Generally subsidiaries of cotton coop, Generally subsidiaries of cotton coop, merchant or gin companiesmerchant or gin companies

• Provide your own software but use ACRSProvide your own software but use ACRS

• Provide financial security equal to $10/baleProvide financial security equal to $10/bale

CMA, LSA & DMA Members or Producers = 275,000

14

4

4

14

8

44

2006 Price Support Crop Year – $11.7 2006 Price Support Crop Year – $11.7

BillionBillion

0

5

10

15

20

25

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

County

CMA/LSA

Mill

ion

s of

Cott

on

Bale

s

Farm Service AgencyFarm Service AgencyTheresa Lassiter

FSA Administrator

John JohnsonDeputy Administrator

Farm Programs

John WilliamsDeputy Administrator

Management

Grady BilberryDirector, PSD

Raellen EricksonDeputy Director

Frankie ColnProgram SpecialistCMA, LSA Status

202 720 9011

Gene RoseraCotton Prog. Manager

Handbook 7-CN202 720 8481

Chris KyerCMA Program Manager

1-CMA, 22-CN202 720 7935

George StickelsBranch Chief

Julie FlorianiProgram Specialist

Cotton Software, 21-CN202 720 8374

Shanita HinesProgram Specialist

CMA Process, 1-CMA202 720 9888

Kansas City ComplexApplication Dev Center

KCITSDO

PSCAOMike Boyles

CLGFred Gustafson

816-926-2137

Jan DelanceyProgram Analyst

ACRS816-926-2638

Shannon FulghemProgram Analyst

COPS816-926-1533

Pop Quiz

How many LSA’s are approved?

8