Cotton Inc. urges comments on import amendment
April 10, 2009-- Home Textiles Today,
Washington – Cotton Inc. is advising its members and others in the textile industry to submit comments on the upcoming amendment to the USDA Cotton Research and Promotion Program rules.
“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,” stated David Shipman, acting administrator of USDA’s Agricultural Marketing Service.
Cotton Inc. notes that the proposed assessment 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.
(Cotton Inc. is the research and marketing company representing upland cotton; it is funded by growers of upland cotton and importers of cotton and cotton textile products.)
Comments must be received on or before May 11.
Details of the proposed amendment will appear in the April 10 Federal Register, and can be found at www.regulations.gov.
Copies are available from Shethir Riva, Cotton and Tobacco Programs, AMS, USDA, Stop 0224, Rm. 2637-S, 1400 Independence Avenue, SW Washington, D.C. 20250-0224.
“This year,” said Cotton Inc., “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.”
Related Content By Author
Industry Related Content
More From the NY Market: It's All About Product!