AMS to Increase Value Assigned to Cotton for Import Fees

The Agricultural Marketing Service is amending the Cotton Board Rules and Regulations to increase the value assigned to imported cotton for the purposes of calculating supplemental assessments on imports collected under the Cotton Research and Promotion Program. The revised value in the direct final rule is $0.01151, an increase of $0.000498 per kilogram. The increase reflects a rise in the average price of Upland cotton received by U.S. farmers during the period January through December 2016. The change takes effect Nov. 6, unless adverse comments are received by Oct. 5.