USDA Announces Special Import Quota #15 for Upland Cotton
The U.S. Department of Agriculture's Commodity Credit Corporation announced July 30 that Special Import Quota #15 for upland cotton will be established Aug. 6, allowing importation of 3,892,413 kilograms (17,878 bales) of upland cotton. The quota will apply to upland…
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cotton purchased not later than Nov. 3, and entered into the U.S. by Feb. 1. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the March-May 2020 period, the most recent three months for which data is available.