Revision of Regulations Defining Bona Fide Cotton Spot Markets
other · Agricultural Marketing Service · Rule · Published 2013-04-30 · Effective 2013-05-30 · 78 FR 25181
Document
Document number
2013-10114
Federal Register citation
78 FR 25181
CFR reference
7 CFR 27
Type
Rule
Action
Final rule.
Category
other
Sub-agency
Agricultural Marketing Service
Publication date
2013-04-30
Effective date
2013-05-30
USDA docket
Doc. No. AMS-CN-12-0024
Abstract
The Agricultural Marketing Service (AMS) is amending the regulation that specifies which states compose bona fide cotton spot markets in order to assure consistency with the revised Cotton Research and Promotion Act. Updated bona fide spot market definitions allow for published spot quotes to consider spot prices of cotton marketed in Kansas and Virginia. AMS is also amending references to the "New York Cotton Exchange" to read the "Intercontinental Exchange."