USDA Announces Special Import Quota #22 for Upland Cotton
The U.S. Department of Agriculture's Commodity Credit Corporation announced Sept. 16 that Special Import Quota #22 for upland cotton will be established Sept. 23, allowing importation of 11,655,252 kilograms (53,532 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 Dec. 21, 2021, and entered into the U.S. by March 21, 2022. 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 2021 period, the most recent three months for which data is available.