“While we are anxious to learn more about the details,” he said, “we believe enactment of new legislation is a far more desirable outcome than the uncertainty of a short term extension which would result in writing legislation in even more challenging budget circumstances. Therefore, we urge Congress to act promptly to approve the legislation and urge the President to sign it.”
The U.S. cotton industry provides employment for some 440,000 Americans and generates more than $120 billion in annual economic activity. The NCC's mission is ensuring the ability of all seven industry segments to compete effectively and profitably in the raw cotton, oilseed and U.S.-manufactured product markets at home and abroad.
The Memphis-based organization brings together industry representatives from the 17 cotton-producing states to establish policies reflecting the common interests and promoting mutual benefits for its broad membership and ancillary industries.
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