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USDA Sets Cotton Classing FeesWASHINGTON - Apr 28/04 - SNS -- The USDA will charge growers $1.65 per bale for classification services for all of the 2004 cotton crop. Cotton classing fees are set by a formula stipulated in the Uniform Cotton Classing Fees Act of 1987, which also requires annual adjustments of the fee. Elements of the formula are: estimated volume of 2004 crop classing by USDA, the rate of inflation, and the level of the operating reserve fund of the AMS cotton classing program. Fees for other cotton classification services, offered by the Cotton Program under the Cotton Futures Act and the Cotton Standards Act, will remain unchanged from the 2003 season.
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