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August 2016
Rulemaking Notice Issued on Estate Tax (249k pdf) 08/19/2016
The Internal Revenue Service recently issued a Notice of Proposed Rulemaking and Notice of Public Hearing regarding the proposed limitations of valuation discounts that reduce the overall value of assets currently available to family-owned businesses which in turn lowers an individual’s estate and gift tax liability at death.
ELS Calculation Action Sought (78k pdf) 08/12/2016
Reps. Costa (D-CA) and Valadao (R-CA) initiated an Aug. 5 letter to Agriculture Secretary Vilsack regarding price quotes used in the Extra Long Staple (ELS) Cotton Competitiveness Program.
Letter Urges Port Stability (185k pdf) 08/12/2016
The NCC joined 127 other groups representing wholesalers, retailers, importers, exporters, distributors, transportation and logistics providers, and other supply chain stakeholders on a letter encouraging the ILWU and PMA to begin early discussions on either a contract extension or a new contract to ensure stability and predictability at West Coast ports.
Far West Cotton Producers to See Texas Operations 08/08/2016
Eight cotton producers from Arizona and California will see cotton and other agriculture-related operations in Texas on August 15-18 as part of the 2016 National Cotton Council’s Producer Information Exchange.
Comments Submitted on Permitting Program (598k pdf) 08/05/2016
The NCC joined other members of the Waters Advocacy Coalition on comments to the Army Corps of Engineers’ proposal to Reissue and Modify Nationwide Permits.
Ag Groups Respond to NPDES Proposal (188k pdf) 08/05/2016
The NCC joined with other agricultural community members on comments to EPA’s Office of Wastewater Management on the agency’s proposed revisions to the National Pollutant Discharge Elimination System (NPDES) regulations published on May 18, 2016.
July 2016
Southwest Cotton Producers to See San Joaquin Valley Agriculture 07/26/2016
Eleven cotton producers from Kansas, Oklahoma and Texas will observe cotton and other agricultural operations in California’s San Joaquin Valley the week of August 1 as part of the National Cotton Council’s 2016 Producer Information Exchange (P.I.E.) Program.
Position Limits Rulemaking Comments Submitted (243k pdf) 07/22/2016
The NCC, AMCOT and the American Cotton Shippers Association filed a joint comment letter with the Commodity Futures Trading Commission (CFTC) in response to the CFTC’s supplemental notice of proposed rulemaking on position limits.
Southeast Cotton Producers to See Mid-South Operations 07/21/2016
Thirteen cotton producers from the Southeast will see cotton operations in Louisiana, Mississippi and Tennessee on July 24-28 as part of the NCC's 2016 Producer Information Exchange (P.I.E.) program.
U.S. Warehouse Act’s Contributions Recognized 07/15/2016
WASHINGTON, DC – USDA and industry stakeholders are commemorating a century of successful partnership with commodity warehouse operators that have made reliable agricultural storage and marketing possible since World War I.