All sales will be handled through new website, part of U.S.-Colombia Free Trade Agreement
Organizations representing the U.S. and Colombian poultry industries have announced the first quota auction for sales of U.S. chicken leg quarters to Colombia as part of the U.S.-Colombia Free Trade Agreement.
The USA Poultry & Egg Export Council and Colombia’s Federación Nacional de Avicultores have launched a dedicated website to handle all sales transactions for the quota, which is 6,750 metric tons for the remainder of 2012. Bids open at 9 a.m. EDT on October 4, and close on October 5, at 5 p.m. EDT. Quota shipments are allowed to enter Colombia at zero duty, and the shipment period is October 10 through December 31.
TRQ (tariff-rate quota) Certificates will be awarded to the highest bidder(s). Any person or entity incorporated or domiciled, with a legal address, in the U.S. is eligible to bid. The minimum bid quantity is 1 metric ton; the minimum bid price is $44.08/metric ton (i.e., $0.02/pound). Bids must be submitted in dollars and cents per metric ton. Bids should not be submitted in amounts that include fractions of a cent.