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TeachMeFinance.com - explain Adjusted world price Adjusted world price The term 'Adjusted world price ' as it applies to the area of agriculture can be defined as ' 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 the prevailing world price for upland cotton, adjusted to account for U.S. quality and location. Producers who have taken out USDA marketing assistance loans may choose to repay them at either the lesser of the established loan rate for upland cotton, plus interest, or the announced AWP for that week. The AWP for cotton also is used for determining Step 2 payments'. Previous 5 Terms: Adjustable Set Point Adjustable speed drives Adjusted Community Rating (Acr) Adjusted electricity Adjusted Gross Revenue (AGR) Pilot Program Next 5 Terms: Adjusted world price, cotton (AWP) Adjustment bid adjutant adjuvant Administrative and general expenses 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.