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TeachMeFinance.com - explain Northern Europe (NE) cotton price Northern Europe (NE) cotton price The term 'Northern Europe (NE) cotton price ' as it applies to the area of agriculture can be defined as ' 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 in its formula for calculating the adjusted world price, used in administering marketing assistance loan and step 2 payment benefits under the cotton price support program'. Previous 5 Terms: North Carolina Healthcare Information And Communications Alliance North Pacific High North Wall Northeast Interstate Dairy Compact Northern blot Next 5 Terms: northern hardwood forest type Northern Lights NOSB nosocomial nosology About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.