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 Commissioner J. Christopher Giancarlo Keynote Address At ACSA

Keynote Address of CFTC Commissioner J

DSG SUMMARY POSITION LIMITS SUPPLEMENTAL PROPOSAL

TUESDAY, 2016 MAY 31 - DELTA STRATEGY GROUP: On May 26, 2016, the U.S. Commodity Futures Trading Commission (CFTC or Commission) voted unanimously to issue for public comment a supplement to its December 2013 position limits proposal.  Please find attached a summary of the supplemental proposal prepared by Delta Strategy Group.  The summary includes: General background and important aspects [...]

DSG: CFTC Approves Supplement to Position Limits Proposal

TUESDAY, 2016 MAY 31 - DELTA STRATEGY GROUP: Friday, the U.S. Commodity Futures Trading Commission (CFTC or Commission) voted unanimously to issue for public comment a supplement to its December 2013 position limits proposal that will: Provide a new process for exchanges to recognize certain positions in commodity derivative contracts as non-enumerated bona fide hedges [...]

China Rolls Out Cotton Reserve Auction Plan

  FRIDAY, 2016-April 15:   Today, April 15th, the National Development and Reform Commission (NDRC) and the Ministry of Finance (MOF) jointly issued a notice to regularly auction off national cotton reserves.  We summarized the highlights for your review and further internal distribution as you see appropriate.   We will follow an analysis next week.   [...]

China Cotton Market Report-March 2016

  MONDAY 2016-MAR 28:   The U.S. was ranked as the second largest cotton supplier to China in February. By the end of February, Chinese cotton imports totaled 151,812 MT, a decline of 52.61 percent y/y.  U.S. cotton was ranked as the fourth with a total quantity of 22,073 MT, accounting for 14.54 percent of [...]

Conaway: Agriculture Secretary Can Relieve Crisis in Cotton Country

Conaway: Agriculture Secretary Can Relieve Crisis in Cotton Country   By Chairman K. Michael Conaway Cotton farmers in America are facing a crisis. Extreme drought, predatory trade practices by countries like China and India, and the lack of a viable safety net are threatening the livelihoods of thousands of American farm families. While the general [...]