USDA Announces Special Import Quota #4 for Upland Cotton
The U.S. Department of Agriculture's Commodity Credit Corporation announced Nov. 12 that Special Import Quota #4 for upland cotton will be established Nov. 19, allowing importation of 8,108,926 kilograms (37,244 bales) of upland cotton, an increase from 5,551,846 kilograms (25,499…
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bales) in the previous quota period (see 2011060010). The quota will apply to upland cotton purchased not later than Feb. 16, 2021, and entered into the U.S. by May 17, 2021. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the July 2020 through September 2020 period, the most recent three months for which data is available.