USDA Announces Special Import Quota #18 for Upland Cotton
The U.S. Department of Agriculture's Commodity Credit Corporation announced Feb. 18 that Special Import Quota #18 for upland cotton will be established Feb. 25, allowing importation of 9,464,255 kilograms (43,469 bales) of upland cotton, the same as the previous quota…
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period. The quota will apply to upland cotton purchased not later than May 25, 2021, and entered into the U.S. by Aug. 23, 2021. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the September 2020 through November 2020 period, the most recent three months for which data is available.