AMS to Decrease Value Assigned to Cotton for Import Fees

USDA's Agricultural Marketing Service is decreasing the value assigned to imported cotton, which will affect the calculation of supplemental assessments used by the Cotton Research and Promotion Program, according to a Federal Register notice. AMS amends the Cotton Board Rules and Regulations and increases or decreases the value each year to ensure that assessments collected on imported cotton and the cotton content of imported products will be the same as those paid on domestically produced cotton.