CFTC GMAC Meeting

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.

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More Advocacy Issues

On October 25th, ACSA along with 18 other agricultural associations wrote a letter to Senator Debbie Stabenow, Chairwoman of the Senate Agriculture, Nutrition, and Forestry Committee and Senator John Boozman, Ranking Member of the Senate Agriculture, Nutrition, and Forestry Committee, expressing our support for Rostin Behman to be Chairman of the Commodity Futures Trading Commission. […]

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Following the votes from all Committee for International Co-operation Between Cotton Associations (CICCA) members, William H. “Buddy” Allen, ACSA President/CEO, was elected as CICCA Chairman and Atif Dada, Karachi Cotton Association President, was elected Vice Chairman. Buddy looks forward to using this platform to share ACSA initiatives with other cotton trade associations with a goal […]

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Reconciliation Package Update

September 14th, 2021

See the update below for a comprehensive review of the reconciliation process. Update Here

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On August 11th, ACSA leaders including Buddy Allen of American Cotton Shippers Association, Michael Symonanis of Allenberg Cotton Co., Donna Lemm of IMC Companies, and Neely Mallory of Mallory Alexander International Logistics participated in a Federal Maritime Commission Memphis Supply Chain Stakeholder Meeting led by Commissioner Rebecca Dye. Over 100 stakeholders participated in the meeting […]

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Yesterday, ACSA co-signed a letter to Representatives John Garamendi (D-CA) and Dusty Johnson (R-SD) endorsing the Ocean Shipping Reform Act of 2021 (OSRA21). The Act focuses on unreasonable detention and demurrage charges, and carrier rejection of U.S. export cargo. We believe that addressing these concerns will assist U.S. exports such as cotton to remain competitive […]

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On July 23rd, Representatives Jim Costa, Salud Carbajal, Jimmy Panetta, Tom O’Halleran, John Garamendi, and Ann Kirkpatrick wrote a letter to Secretary Vilsack asking him to assistant cotton merchandisers who have experienced significant losses due to the COVID-19 pandemic. The letter states that not only did cotton experience a huge downturn in consumption during the […]

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