December Report from Yuan and Associates

  • December report from Yuan and Associates including 2019 YTD.
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  • In December, Madam Gao Fang was promoted to President of China Cotton Association. 
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  • We have recently been in contact with by the Cotton Quality Supervision Division of State Administration of Market Regulation (SAMR) of China.  The Cotton Division is a newly established division after China’s government reshuffle in 2018. Their focus is on domestic cotton quality supervision, while the Department of Commodity Inspection of GACC remains in charge of the import inspection of cotton. Although they are not directly involved in imported cotton quality control, China’s future policy is to adapt same quality requirements and standards for both domestic and imported cotton, therefore, they are keen to learn the advanced experiences from the US cotton industry. One direct link with the imported cotton is that the division is responsible for the measures and guiding the government-run testing for the cotton to be put into the national reserves.

According to Yuan and Associates, we believe they are “nice-to-have” government allies for the US cotton in the long run. Sharing our experiences and expertise in cotton quality control framework and policies will enable the US cotton industry to have more influence if/when the division reviews and updates domestic requirements.

They will be sending a 2-4-person delegation led by their Director General to the 2020 ACSA Convention.  As we get closer, we will build specific time and agenda for the ACSA Board of Directors to engage with them.

More Advocacy Issues

Yesterday, Representative David Scott (D-GA), Chairman of the House Committee on Agriculture, Representative Sanford Bishop (D-GA), Chairman of the Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies, and Senator Raphael Warnock (D-GA), the sole cotton state Democrat on the Senate Committee on Agriculture, Nutrition, and Forestry wrote a letter to Secretary […]

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Yesterday, the House Transportation Subcommittee on Coast Guard and Maritime Transportation held a hearing entitled “Impacts of Shipping Container Shortages, Delays, and Increased Demand on the North American Supply Chain.”  The hearing featured two panels: the first panel included Federal Maritime Commission (FMC or Commission) Chairman Daniel Maffei and Commissioner Rebecca Dye, and the second […]

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On June 9, 2021, the U.S. Commodity Futures Trading Commission held a meeting of its Agricultural Advisory Committee, which ACSA President/CEO Buddy Allen and Vice-Chairman Tommy Hayden sit on.  The Committee received a report from the Subcommittee to Evaluate Commission Policy with Respect to Implementation of Amendments to Enumerated Agricultural Futures Contracts with Open Interest.  […]

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On April 16, 2021, the China Cotton Association (CCA) wrote the Committee for International Co-operation Between Cotton Associations (CICCA) a letter regarding cotton in the Xinjiang region of China. The China Cotton Association also released a statement regarding the recent boycott on Xinjiang cotton by apparel brands. See both the letter and statement below. Letter […]

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On April 14, 2021, Memphis stakeholders wrote a letter to Chairman Oberman of the Surface Transportation Board expressing the need for assistance in resolving the current inland rail crisis affecting importers, exporters and motor carriers in the area. See the full letter below. Click Here

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On March 15, 2021, Mississippi State University published the expected PLC payments for the 2020 year. Please see the link below for more information. Click Here

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