What is in this article?:
- National Cotton Council updated on key issues
- China’s stocks policy
- The National Cotton Council was updated on key issues and upcoming challenges and opportunities facing the industry.
NCC officers, directors and advisors, along with other industry leaders attending the NCC's Mid-Year Board meeting in Memphis, Tenn., were updated on key issues and upcoming challenges and opportunities facing the industry.
NCC Chairman Chuck Coley told attendees the industry’s foremost priorities this year have focused on the farm bill, the World Trade Organization (WTO) Brazil case, agricultural appropriations, international contract defaults, and most recently, the Peruvian countervailing duty investigation.
Regarding the farm bill, he said his and other industry leaders’ testimony at Senate and House hearings provided the NCC with an opportunity “to advocate inclusion of STAX as an effective risk management program and one that demonstrates our industry’s commitment to permanently resolving the WTO Brazil case.”
Among other notable activities Coley has been involved in were: joining NCC Vice Chairman Jimmy Dodson in discussions between U.S. cotton industry leaders and high ranking government officials representing W. and C. African countries on building a foundation for enhanced communication and establishing the necessary groundwork for cooperation on issues of mutual interest; NCC industry leaders/senior staff, Cotton Council International (CCI) and Cotton Incorporated meetings with Brazil's national cotton producer organization to discuss risk management, cotton's sustainability, international promotion issues and other issues of mutual concern and to search for avenues of greater cooperation; and joining American Cotton Shippers Assn. (ACSA) and AMCOT representatives in NCC-arranged meetings with USDA, USTR and the State Department to convey the US cotton industry’s serious concerns about export sales that are either in default or at risk of default. Coley also reviewed the NCC’s work on the countervailing duty case in Peru; Performance and Standards Task Force Chairman Bobby Greene’s leading of an industry group to Washington to meet with USDA officials to seek their cooperation on several of the industry’s flow initiatives; and a US cotton industry delegation to China, led by American Cotton Producers Chairman Clyde Sharp, conveying the industry’s continued commitment to quality and timely delivery.
Sharp also addressed the Mid-Year Meeting telling attendees that while the ACP has its frustrations regarding the farm bill, “producer leadership continues to concur that the Council is proceeding in the correct manner with our policy and our initiatives. It is our hope that Congress will ultimately support our policy positions and that the U.S. will convince Brazil that this is a satisfactory resolution to the cotton portion of the case. We appreciate the efforts of Chairman Coley and Vice Chairman Dodson and the Council staff in these efforts.”
Darci Vetter, Deputy Under Secretary for Farm and Foreign Agricultural Services at USDA, provided the Board with an update on current trade policy issues, including a detailed update on the Administration’s efforts to resolve the ongoing WTO dispute with Brazil. Under Secretary Vetter indicated that the Stacked Income Protection Plan, known as STAX, included in the Senate legislation is a starting point for negotiating a resolution to the upland cotton portion of the dispute. She acknowledged the challenging environment surrounding a final resolution of the case and encouraged continued dialogue with the US cotton industry as the process moves forward.
John Maguire, the NCC's senior vice president, Washington Operations, updated the group on a number of issues, including the federal budget proposals; agricultural appropriations; the farm bill process, schedule and options; and contract defaults -- as well as tax, trade and the environment.