U.S. Warehouses Not Complying with Mandatory Reporting

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Published: May 26, 2005
 
Updated: April 27, 2015
 

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 April 24, 2015*

Warehouses Not Complying
with Mandatory Weekly Reporting Requirement

STRIKES

STATE

1

2

3

TOTAL

AL

1

0

0

1

AR

4

1

2

7

AZ-CA-NM

1

0

0

1

GA-FL

5

4

1

10

LA

3

0

0

3

MO

3

2

0

5

MS

2

0

0

2

NC

6

3

0

9

SC

2

1

1

4

TN

3

0

0

3

TX-OK-KS

5

3

0

8

VA

0

1

0

1

Number of
Warehouses

36

15

4

55

Cumulative
Strikes

36

30

12

78

REGION

Southeast

15

9

2

26

Mid-South

15

3

2

20

Southwest

5

3

0

8

West

1

0

0

1

Source: USDA-FSA Commodity Operations Division (DACO/COD)

*TWO approved warehouses earned strikes for failing to comply with mandatory reporting rules and TWO warehouses had strikes were removed. At the beginning of April, there were 350 warehouses with CSAs. 54 (15.4%) of those warehouses failed to submit one or more BMAS reports during the previous twelve months. The number of warehouses with strikes has declined by ELEVEN since the start of the 2014 - 2015 marketing year.

Due to updates to the FSA Commodity Operations (Cotton Storage Agreement) web page, the link for the list of Removed/ Suspended/ Reinstated Warehouses (the list) currently is not available. The list contained the names of warehouses that were in violation of their CSA and included those warehouses which have been removed for failing to submit three or more weekly warehouse reports. Updated lists will be available when the linked report is reinstated.