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Signed into law by President Woodrow Wilson on August 11, 1916 The Cotton Futures Act of 1916 required the principal, meaning the exact type and grade of cotton, be given to the government upon sale at a cotton exchange, so that the USDA could keep track of what was being grown and where.
The Cotton Futures Act of 1914 (also known as the Smith-Lever law) authorized the United States Department of Agriculture to establish physical standards as a means of determining color grade, staple length and strength, and other qualities and properties for cotton. [1] [2] It was intended to minimize speculative manipulation of the cotton market.
Cotton fields in the United States. The United States exports more cotton than any other country, though it ranks third in total production, behind China and India. [1] Almost all of the cotton fiber growth and production occurs in the Southern United States and the Western United States, dominated by Texas, California, Arizona, Mississippi, Arkansas, and Louisiana.
In the United States, the farm bill is a comprehensive omnibus bill that is the primary agricultural and food policy instrument of the federal government. [1] Congress typically passes a new farm bill every five to six years. [2] [3]
Wickard v. Filburn, 317 U.S. 111 (1942), was a landmark United States Supreme Court decision that dramatically increased the regulatory power of the federal government. It remains as one of the most important and far-reaching cases concerning the New Deal, and it set a precedent for an expansive reading of the U.S. Constitution's Commerce Clause for decades to come.
On Tuesday the House overwhelmingly passed a bill that would block the import of all cotton from Xinjiang, China, processed by forced labor, the latest in a series of U.S. moves to counter the ...
Camp v. United States; Cargill Cotton; Cotton Belt; Cotton Board (United States) Cotton Futures Act; Cotton Futures Act of 1916; Cotton Incorporated; A Cotton Office in New Orleans; Cotton Press (Latta, South Carolina) Cotton Press (Tarboro, North Carolina) Cotton Research and Promotion Act; Cottonseed Oil Assistance Program; Cullars Rotation
Signed into law by President Lyndon B. Johnson on July 13, 1966 The Cotton Research and Promotion Act ( Pub. L. 89–502 , 80 Stat. 279 , enacted July 13, 1966 ) is an act passed by the United States Congress in 1966 in response to the declining market of cotton , [ 1 ] in order to build consumer demand and "sell the story of American upland ...