Advocacy

ACSA is vigilant in promoting sanctity of contract, both domestically and overseas.  Leadership of ACSA members plays an important role in formulating farm programs and cooperating with government agencies in the administration of such programs.  Through ACSA, our members strive to minimize contract disputes, both domestically and abroad, by working closely with national and international governments and their cotton trade organizations.

Current Issues

CFTC Issues No-Action Relief for Aggregation Notice Filings for Position Limits

Today, the Commodity Futures Trading Commission (CFTC or Commission) issued time-limited no-action relief for aggregation notice filings for position limits. Specifically, any person or entity that is eligible to rely on an exemption from aggregation under Regulation 150.4(b) will not need to comply with the notice filing requirements until August 14, 2017. Without the relief, [...]

Chairman Conaway Announces New and Returning Agriculture Committee Republican Members

PRESS RELEASE FOR IMMEDIATE RELEASE  Haley Graves January 11, 2017  (202) 225-2171   Chairman Conaway Announces New and Returning Agriculture Committee Republican Members     House Agriculture Committee Chairman K. Michael Conaway (R-TX) issued the following statement in response to the House Steering Committee’s recommendation of six new members to serve on the Agriculture Committee. [...]

CFTC Re-proposes Position Limits and Finalizes Aggregation Rule

The Commodity Futures Trading Commission (CFTC or Commission) voted unanimously to approve the Position Limits for Derivatives re-proposal, as well as the Aggregation of Positions final rule. The position limits re-proposal comes in response to comment received from the December 2013 proposal and the June 2016 supplemental proposal. Chairman Massad provided two reasons for issuing a [...]

U.S.-CHINA TRADE WAR COULD BE ‘DEVASTATING’ FOR FARMERS, FORMER USDA ECONOMIST SAYS

American farmers could be one of the biggest losers if President-elect Donald Trump starts a trade war with China, a former chief economist for the Agriculture Department said today. The United States currently exports about $20 billion to $24 billion worth of agricultural exports to China each year, and that's expected to "grow even more [...]

House Ag Committee Chairman Conaway urges CFTC to Halt Midnight Rulemaking

Today, House Agriculture Committee Chairman K. Michael Conaway sent a letter to U.S. Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad requesting he not move forward on any controversial regulations during the final months of President Obama’s administration.   In the letter, he asked Massad to refrain from “pushing through controversial regulations,”; adding, “While we [...]

Oct 9 Briefing in Shanghai for CCI

Tuesday, 11 October 2016:  Please find the power point presentation by Mr. Yuan Haiying (Yuan Associates ) presented during  the CCI Quality seminar held in Shanghai October 9th. ACSA members were invited to attend as well as agents or local representatives. Power Point Presentation