USDA Announces Special Import Quota #116 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation has announced Special Import Quota #116 for upland cotton that was established on December 1, 2011, allowing importation of 14,594,057 kilograms (67,030 bales) of upland cotton. It will apply to upland cotton purchased…
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not later than March 6, 2012, and entered into the U.S. not later than June 4, 2012. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally-adjusted average rate for the period May 2011 through July 2011, the most recent three months for which data are available.