USDA Announces Special Import Quota #14 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation on Jan. 23 announced that Special Import Quota #14 for upland cotton will be established on Jan. 30, allowing importation of 12,240,623 kilograms (56,220 bales) of upland cotton, up from 11,008,601 kilograms (50,562…
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bales) in the last quota period. The quota will apply to upland cotton purchased not later than April 28, 2020, and entered into the U.S. by July 27, 2020. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period September 2019 through November 2019, the most recent three months for which data is available.