USDA Announces Special Import Quota #25 for Upland Cotton
The U.S. Department of Agriculture's Commodity Credit Corporation announced April 8 that Special Import Quota #25 for upland cotton will be established April 15, allowing importation of 8,408,469 kilograms (38,619 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 July 13, 2021, and entered into the U.S. by Oct. 11, 2021. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the November 2020 through January 2021 period, the most recent three months for which data is available.