Department of Agriculture, Commodity Credit Corporation: Cotton World Price Determination
GAO-08-963R: Jul 8, 2008
- Full Report:
GAO reviewed the Department of Agriculture, Commodity Credit Corporation's (CCC) new rule on Cotton World Price Determination. GAO found that (1) the final rule revises the Upland Cotton regulations to use the Far East (FE) prices instead of Northern Europe prices in determining the upland cotton adjusted world price (AWP);and (2) CCC complied with the applicable requirements in promulgating the rule.