U.S. Warehouses Not Complying with Mandatory Reporting

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Published: May 7, 2008
 
Updated: July 2, 2009
 

By close of business each Monday, USDA receives "Bales Made Available for Shipment" (BMAS) reports for the previous week from all warehouses with Cotton Storage Agreements (CSA). The following table shows non-reporting warehouses and the cumulative number of assessed strikes by state/region. The first failure to submit a weekly report results in a telephone call from USDA to the non-reporting warehouse (first strike). A second failure to submit will result in a letter of reprimand (second strike) from USDA. Failure to submit three weekly reports within a 12-month period will result in the removal of a non-reporting warehouse from the Commodity Credit Corporation List of Approved Warehouses (third strike). In order to be reinstated a warehouse operator must submit all missing cotton flow reports and pay a reinstatement fee equal to the annual contract fee.

 

Cumulative Flow Report for Week Ending 6/20/2009*

Warehouses Not Complying with Mandatory Weekly Reporting Requirement

 

 

STRIKES

 

STATE

1

2

3

TOTAL

AL

11

1

0

12

AR

3

0

2

5

AZ - CA - NM

3

3

0

6

GA - FL

10

3

1

14

LA

1

0

0

1

MO

2

1

0

3

MS

1

0

0

1

NC

10

5

1

16

SC

2

1

0

3

TN

3

1

2

6

TX - OK - KS

12

4

3

19

VA

1

0

0

1

GR TOT

59

19

9

87

 

REGION

 

 

 

 

SE

34

10

2

46

MS

10

2

4

16

SW

12

4

3

19

3

3

0

6

Source: FSA-DACO-WID

*There are currently 404 warehouses on the USDA CCC "Approved List of Warehouses" (List). For the most recent reporting week all but two warehouses on the list complied with mandatory reporting rules. The cumulative number of strikes removed during 2009 is 30. In 2009 five warehouses failed to report three times -- earning third strikes -- and were removed from the CCC List. Four warehouses that earned third strikes in 2008 continue to be listed in the cumulative flow report.

In the "Spotlights" section at FSA Commodity Operations is a published list of Removed/Suspended/Reinstated Warehouses. That section of the page will contain the names of warehouses that are in violation of their CSA, including those warehouses which have been removed for not reporting.