On December 7, 2022, Commodity Futures Trading Commission (“CFTC”) held an Agricultural Advisory Committee (“AAC”) meeting to discuss topics related to the agricultural economy and recent developments in the agricultural derivatives markets. ACSA President/CEO Buddy Allen and Chairman Tommy Hayden of Louis Dreyfus Company both serve on the committee.
Category: News
News from the American Cotton Shippers Association
Congress Discusses U.S.-Taiwan Trade
On September 14th, the House Ways and Means Committee held a hearing titled, “The Future of U.S.-Taiwan Trade.” There were four witnesses, including Texas Farm Bureau President Russell Boening.
Podcast Episode Dedicated to Cotton
ACSA would like to thank Betsy Olim, host of Export Stories Podcast, for dedicating an episode on cotton. The episode focuses on current challenges faced by the cotton industry and ACSA’s advocacy efforts to increase efficiency and security for our supply chain.
Senate Ag Committee Leadership Introduce Digital Asset Bill
On August 3rd, Chairwoman of the Senate Agriculture Committee Debbie Stabenow (D-MI) and Ranking Member John Boozman (R-AR) along with Senators Cory Booker (D-NJ) and John Thune (R-SD) introduced the Digital Commodities Consumer Protection Act of 2022 to give the Commodity Futures Trading Commission new tools and authorities to regulate digital commodities.
House Ag Subcommittee Discusses Crop Insurance
On June 20th, the House Agriculture Committee Subcommittee on General Farm Commodities and Risk Management held a hearing entitled “A 2022 Review of the Farm Bill: Stakeholder Perspectives on Title XI Crop Insurance.”
ACP Chairman Nathan Reed Testifies
On June 17th, the Senate Agriculture Committee held a hearing in Committee Ranking Member John Boozman’s home state of Arkansas entitled, “2023 Farm Bill: Perspectives from the Natural State.” ACSA would like to thank American Cotton Producers (ACP) Chairman Nathan Reed for sharing his perspectives on important topics going into the next Farm Bill, including supply chains.
House Ag Discusses Climate
On June 15th, the House Agriculture Committee held a hearing entitled “The Role of Climate Research in Supporting Ag Resiliency.” Please see link below for key takeaways provided by Delta Strategy Group.
EPA Makes RFS Announcement
On June 3rd, the Environmental Protection Agency finalized the blending requirements under the nation’s biofuel mandate. More information on the Renewable Volume Obligations under the Renewable Fuels Standard for 2020, 2021, and 2022 can be found in the link below.
CFTC Holds Roundtable on Carbon Markets
On June 2nd, the Commodity Futures Trading Commission (CFTC) held a roundtable titled “Voluntary Carbon Markets Convening.”
Substantive Comments on FTX’s Proposal
On May 27th, Delta Strategy Group created a summary of the substantive comments regarding FTX’s proposal to amend its DCO registration to permit it to offer margin on cryptocurrency futures products in its non-intermediated model.
