ANNOUNCEMENT 05 Sep 2017
The Agricultural Marketing Service had announced that it would increase the assessments paid by importers of cotton and cotton-containing products unless significant adverse comment was received by October 5, 2017.
NUMBER OF INTERVENTIONS
In a Federal Register notice published on September 5, 2017 (Vol. 82 No. 170) the U.S. Department of Agriculture’s Agricultural Marketing Service announced an increase in the assessments paid by importers of cotton and cotton-containing products under the Cotton Research and Promotion Order. Under this rule, the assessments will rise 4.5%. Assessments will be increased from $0.011012/kg to $0.011510/kg to reflect an increase in the average weighted price of upland cotton received by U.S. farmers in 2016. The revenues generated by these assessments are used to finance research and promotion programs designed to increase consumer demand for upland cotton in the U.S. and international markets.
With no significant adverse comment being received by October 5, 2017, this rule came into effect November 6, 2017.