USDA Market News Redefines Cotton Spot Markets for Reporting

Date
August 01, 2023

The U.S. Department of Agriculture (USDA) Agricultural Marketing Service (AMS) published a final rule in the Federal Register that defines which cotton spot markets the AMS Cotton and Tobacco Program Market News Division will use to report cotton grown in Texas, Oklahoma, and Kansas.

In July 2023, AMS amended 7 CFR Part 27.93 Bona Fide Spot Markets by moving cotton grown in Oklahoma and Kansas from the East Texas-Oklahoma spot market to the West Texas spot market and changed the names of the affected markets to describe the markets more accurately. The new names of the spot markets are East Texas and South Texas and West Texas, Kansas, Oklahoma. The final rule goes into effect at the beginning of the 2024 marketing year on August 1, 2023.

The Cotton and Tobacco Market News Division provides accurate, timely, relevant, and unbiased data, information, and services to aid the domestic and international marketing of U.S. cotton and tobacco. Market News data gives a representative picture of cotton markets and promotes market transparency and fairness.

For more information, visit the Cotton Market News webpage on the AMS website, or contact Cotton Market News Division Director Barbara Meredith at (901) 384-3016 or Barbara.Meredith@USDA.Gov.