USDA Announces Special Import Quota #16 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation on Feb. 6 announced that Special Import Quota #16 for upland cotton will be established on Feb. 13, allowing importation of 12,240,623 kilograms (56,220 bales) of upland cotton. The quota will apply to…
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upland cotton purchased not later than May 12, 2020, and entered into the U.S. by Aug. 10, 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.