# Defining Bona Fide Cotton Spot Markets for the World Cotton Futures Contract
> **Agricultural Marketing Service** · Final rule. · Published 2015-10-22 · Effective 2015-11-23 · 80 FR 63889
## Document
- **Document number:** 2015-26953
- **Category:** other
- **Sub-agency:** Agricultural Marketing Service
- **Federal Register citation:** 80 FR 63889
- **CFR reference:** 7 CFR 27
- **Publication date:** 2015-10-22
- **Effective date:** 2015-11-23
- **USDA docket:** Doc. #AMS-CN-14-0050
## Abstract

The Agricultural Marketing Service (AMS) is amending the regulatory language to designate which bona fide cotton spot markets will be used to determine actual commercial differences in value for various grades above or below the basis grade in the settlement of World cotton futures contracts on the Intercontinental Exchange (ICE). Designating bona fide cotton spot markets for the World cotton futures contract in the regulatory language will allow for AMS to collect spot market price data and publish spot quotes for the settlement of these specific contracts.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2015/10/22/2015-26953/defining-bona-fide-cotton-spot-markets-for-the-world-cotton-futures-contract)
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