[Federal Register Volume 61, Number 175 (Monday, September 9, 1996)]
[Notices]
[Page 47476]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-22887]
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DEPARTMENT OF AGRICULTURE
Secretary of Agriculture's Special Cotton Import Quota
Announcement Number 3
AGENCY: Office of the Secretary, USDA.
ACTION: Notice.
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SUMMARY: A special import quota for upland cotton equal to 43,370,449
kilograms (95,615,552 pounds) is established in accordance with section
136(b) of the Federal Agriculture Improvement and Reform Act of 1996
(the 1996 Act) under Presidential Proclamation 6301 of June 7, 1991.
The quota is referenced as the Secretary of Agriculture's Special
Cotton Import Quota Announcement Number 3, effective August 5, 1996,
and is set forth in subheading 9903.52.03, subchapter III, chapter 99
of the Harmonized Tariff Schedule of the United States (HTS).
DATES: The quota is effective as of August 5, 1996, and applies to
upland cotton purchased not later than November 2, 1996 (90 days from
the date the quota was established), and entered into the United States
not later than January 31, 1997 (180 days from the date the quota was
established).
FOR FURTHER INFORMATION CONTACT: Janise Zygmont, Farm Service Agency,
United States Department of Agriculture, Stop 0515, P.O. Box 2415,
Washington, DC 20013-2415 or call (202) 720-8841.
SUPPLEMENTARY INFORMATION: The 1996 Act requires that a special import
quota for upland cotton be determined and announced immediately if, for
any consecutive 10-week period, the Friday through Thursday average
price quotation for the lowest-priced U.S. growth, as quoted for
Middling 1\3/32\ inch cotton, C.I.F. northern Europe (U.S. Northern
Europe price), adjusted for the value of any cotton user marketing
certificates issued, exceeds the Northern Europe price by more than
1.25 cents per pound. This condition was met during the consecutive 10-
week period that ended June 20, 1996. Therefore, a quota referenced as
the Secretary of Agriculture's Special Cotton Import Quota Announcement
Number 3, effective August 5, 1996, is hereby established.
Because there are only 20 subheadings available for designating
upland cotton special import quotas in subchapter III of chapter 99 of
the HTS, only 20 such quotas can be in effect at one time. Each
subheading corresponds to a Secretary of Agriculture's Special Cotton
Import Quota Announcement specifying that a particular amount of upland
cotton may be imported during a particular 180-day period. The special
import quota described in this notice cannot take effect until HTS
subheading 9903.52.03 becomes available upon the expiration of the
Secretary of Agriculture's Special Cotton Import Quota Announcement
Number 3, effective February 7, 1996, through August 4, 1996.
Therefore, the special import quota described in this notice opens on
August 5, 1996, the day after the previous special import quota 3 ends.
The quota amount, 43,370,449 kilograms (95,615,552 pounds), is
equal to 1 week's consumption of upland cotton by domestic mills at the
seasonally-adjusted average rate of the most recent 3 months for which
data are available--February 1996 through April 1996. The special
import quota identifies a quantity of imports that is not subject to
the over-quota tariff rate of a tariff-rate quota. The quota is not
divided by staple length or by country of origin. The quota does not
affect existing tariff rates or phytosanitary regulations. The quota
does not apply to Extra Long Staple cotton.
Authority: Sec. 136, P.L. 104-127 and U.S. Note 6(a), Subchapter
III, Chapter 99 of the HTS.
Signed at Washington, D.C., on August 23, 1996.
Dan Glickman,
Secretary.
[FR Doc. 96-22887 Filed 9-6-96; 8:45 am]
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