Today, the Biden Administration announced that it will invest more than $14 billion in funding for over 500 projects across the United States and associated territories. According to the fact sheet, the investment will include “$8 million to improve commercial navigation and allow larger and more ships to pass at the Port of Long Beach, California […]

On January 5th, ACSA President/CEO Buddy Allen presented at 2022 Beltwide Cotton Conference on the logistical challenges that the cotton industry is currently facing. Mr. Allen presented on the current realities of the supply chain but provided encouraging comments about still achieving the USDA projected export number. He stated, “We do believe we’re going to […]

On January 6th, ACSA President/CEO Buddy Allen and ACSA’s Transportation, Documentation, and Insurance Committee Chairman Michael Symonanis discussed the challenges faced by all links in the cotton supply chain. The article states, “The cotton export industry is primed for growth, and the logistics industry must solve the current supply chain challenges in preparation for volumes […]

From December 8th through December 10th, China held its 2021 Central Economic Work conference in Beijing. See the link below for more details on the topics highlighted in the conference. More here.

Today, House Agriculture Committee Chairman David Scott (D-GA) wrote a letter to the U.S. Department of Agriculture Secretary Tom Vilsack requesting a portion of USDA funding be allocated to help merchandisers of U.S. cotton. The American Cotton Shippers Association is very grateful for Chairman Scott’s continued support in our efforts to provide COVID-19 relief to […]

Yesterday, the U.S. Commodity Futures Trading Commission held a meeting of its Global Markets Advisory Committee to hear presentations and provide dialogue on U.S. Treasury market issues. Conversations focused on recent stresses in markets and market reforms to prevent future stresses. More here.