USDA Announces Special Import Quota #21 for Upland Cotton, Increases Amount
The Department of Agriculture's Commodity Credit Corporation on March 14 announced that Special Import Quota #21 for upland cotton will be established on March 21, allowing importation of 12,665,348 kilograms (58,171 bales) of upland cotton, an increase from the 12,619,815…
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kilograms (57,962 bales) allowed in the last quota period. It will apply to upland cotton purchased not later than June 18, 2019, and entered into the U.S. by Sept. 16, 2019. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period November 2018 through January 2018, the most recent three months for which data is available.