AMS Announces Adjustments to Supplemental Assessment on Cotton Imports
November 20, 2008The U.S. Department of Agriculture’s Agricultural Marketing Service (AMS) is amending the Cotton Board Rules and Regulations by increasing the value assigned to imported cotton for calculating supplemental assessments collected for use by the Cotton Research and Promotion Program. An amendment is required to adjust the assessments collected on imported cotton and the cotton content of imported products to be the same as those paid on domestically produced cotton. In addition, AMS is removing Harmonized Tariff Schedule (HTS) numbers that were absorbed into other HTS categories since the last assessment adjustment. This final rule becomes effective on December 19, 2008. For more details, see the final rule published in the Federal Register.
The current value of imported cotton as published in the Federal Register (proposed rule) for the purpose of calculating supplemental assessments on imported cotton is $0.8267 cents per kilogram. Using the Average Weighted Priced received by U.S. farmers for Upland cotton for the calendar year 2007, the new value of imported cotton is $0.9874 cents per kilogram or $0.1607 cents per kilogram more than the previous value.
For further information, contact: Shethir M. Riva, Chief, Research and Promotion Staff, Cotton and Tobacco Programs, AMS, USDA, Stop 0224, 1400 Independence Ave., SW., Room 2639-S, Washington, DC 20250-0224; Phone: (202) 720-6603; FAX: (202) 690-1718; E-Mail: Shethir.Riva@usda.gov.
