The Department of Agriculture’s Agricultural Marketing Service is withdrawing a direct final rule that would have implemented effective March 1 a 6.5 percent decrease from $0.013247/kg to $0.12388/kg in the assessments paid by importers of cotton and cotton-containing products under the Cotton Research and Promotion Order in order to reflect a decline in the weighted average price of upland cotton received by U.S. farmers in 2024.
AMS indicates that it received significant adverse comment in response to the direct final rule. Accordingly, the agency is withdrawing the rule and the assessments will remain unchanged.
For more information, please contact ST&R’s textile and apparel practice leader Elise Shibles at (415) 490-1403 or via email.
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