U.S. Warehouses Not Complying with Mandatory Reporting

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Published: June 1, 2007
 
Updated: August 22, 2014
 

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 August 15, 2014*

Warehouses Not Complying
with Mandatory Weekly Reporting Requirement

 

 

STRIKES

 

STATE

1

2

3

TOTAL

AL

4

1

0

5

AR

3

2

3

8

AZ-CA-NM

0

0

0

0

GA-FL

8

4

2

14

LA

2

0

0

2

MO

3

2

0

5

MS

2

0

0

2

NC

4

1

0

5

SC

6

2

1

9

TN

1

2

0

3

TX-OK-KS

7

3

0

10

VA

1

2

0

3

Number of
 Warehouses

41

19

6

66

Cumulative
Strikes

41

38

18

97

 

REGION

 

 

 

 

Southeast

23

10

3

36

Mid-South

11

6

3

20

Southwest

7

3

0

10

West

0

0

0

0

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

*During the two previous reporting weeks, TWO of the approved warehouses earned a strike for failing to comply with mandatory reporting rules and NO strikes were removed. Through the end of JuLY, 19% of the warehouses with CSAs had failed to submit at least one BMAS report 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.