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USDA Announces Special Import Quota #20 for Upland Cotton

The U.S. Department of Agriculture's Commodity Credit Corporation announced Sept. 3 that Special Import Quota #20 for upland cotton will be established Sept. 10, allowing importation of 2,342,753 kilograms (10,760 bales) of upland cotton, up from 1,809,441 kilograms (8,311 bales)…

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during the last quota period. The quota will apply to upland cotton purchased not later than Dec. 8, and entered into the U.S. by March 8, 2021. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the May through July 2020 period, the most recent three months for which data is available.