Effective December 16, 2019, the U.S. Department of Agriculture’s Agricultural Marketing Service (AMS) will increase the fee paid by U.S. importers of cotton and cotton-containing products under the Cotton Research and Promotion Order.
The current rate of $0.011905 per kilogram will increase to $0.012222 per kilogram; an increase of $0.000317 per kilogram or 2.7%.
The increase reflects the average weighted price of upland cotton received by U.S. farmers during the period of January through December 2018, thereby aligning the price paid by both importers and domestic parties.
Revenue generated by these assessments is used to finance research and promotion programs designed to increase consumer demand for upland cotton in the U.S. and international markets.
Please contact your local Delmar Representative or email our U.S. Customs Advisory Services Group for additional assistance – including to learn about our Customs Advisory, Consulting and Compliance Services.