USDA Announces Special Import Quota #26 for Upland Cotton
The U.S. Department of Agriculture's Commodity Credit Corporation announced April 15 that Special Import Quota #26 for upland cotton will be established April 22, allowing importation of 8,126,524 kilograms (37,324 bales) of upland cotton, down from 8,408,469 kilograms (38,619 bales)…
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in the previous quota period. The quota will apply to upland cotton purchased not later than July 20, 2021, and entered into the U.S. by Oct. 18, 2021. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the December 2020 through February 2021 period, the most recent three months for which data is available.