U.S. Warehouses Not Complying with Mandatory Reporting

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Published: October 20, 2005
 
Updated: January 26, 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 January 26, 2015*

Warehouses Not Complying
with Mandatory Weekly Reporting Requirement

STRIKES

STATE

1

2

3

TOTAL

AL

1

0

0

1

AR

4

0

2

6

AZ-CA-NM

0

1

0

1

GA-FL

7

4

1

12

LA

3

0

0

3

MO

3

2

0

5

MS

2

0

0

2

NC

6

3

0

9

SC

3

0

2

5

TN

3

0

0

3

TX-OK-KS

8

2

0

10

VA

0

2

0

2

Number of
Warehouses

40

14

5

59

Cumulative
Strikes

40

28

15

83

REGION

Southeast

17

9

3

29

Mid-South

15

2

2

19

Southwest

8

2

0

10

West

0

1

0

1

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

*ONE of the approved warehouses earned a strike for failing to comply with mandatory reporting rules and FOUR strikes were removed. There are currently 347 warehouses with CSAs and 62 (18%) of those warehouses failed to submit one or more BMAS reports during the previous twelve months.

In the "I Want To..." section at FSA Commodity Operations (Cotton Storage Agreement) is a link to a 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.