TeachMeFinance.com - explain Extra-long staple (ELS) cotton
Extra-long staple (ELS) cotton The term 'Extra-long staple (ELS) cotton ' as it applies to the area of agriculture can be defined as ' Also called American Pima, this cotton has a staple length of 1-3/8' or more, is characterized by fineness and high fiber strength, and is used in high-value products such as sewing thread and expensive apparel. It is grown chiefly in west Texas, New Mexico and Arizona. ELS cotton and upland cotton are both eligible for nonrecourse loans. However, ELS cotton is not eligible for marketing loan repayment provisions or loan deficiency payments'.
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