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USDA proposes amendments to cotton importer assessment provisions
15 Apr '09
1 min read
The U.S. Department of Agriculture is proposing to amend the assessment provisions of the Cotton Research and Promotion Program rules and regulations for imported cotton and cotton-containing products. The proposed amendment is an annual update of the value of imported cotton and reflects the 2008 annual average priced received by U.S. farmers for Upland cotton.
David R. Shipman, Acting Administrator of USDA's Agricultural Marketing Service, said, “The proposed adjustment is required by regulation to ensure that the assessments collected on imported cotton and the cotton-content of imported products remain similar to those paid on domestically produced cotton.”
This year, the update increases the value of imported cotton specified by the Cotton Board rules and regulations for calculating assessments on imported cotton and cotton-containing products.
David R. Shipman, Acting Administrator of USDA's Agricultural Marketing Service, said, “The proposed adjustment is required by regulation to ensure that the assessments collected on imported cotton and the cotton-content of imported products remain similar to those paid on domestically produced cotton.”
This year, the update increases the value of imported cotton specified by the Cotton Board rules and regulations for calculating assessments on imported cotton and cotton-containing products.
United States Department of Agriculture (USDA)
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