2005 Classing Fee Raised to 1.85

摘要

USDA'S AGRICULTURAL MARKETING Service (AMS) is proposing to raise the fee for cotton classification from 1.65/bale to 1.85/bale for the 2005 crop.The proposed fee and existing reserve will be sufficient to cover costs of providing classification services,including costs for administration and supervision.The proposed fee was calculated using an established formula in the Uniform Cotton Classing Fees Act of 1987.This formula provides that a reserve not to exceed 25 percent of the proposed operating costs be maintained.