USDA Announces Special Import Quota #13 for Upland Cotton
The U.S. Department of Agriculture's Commodity Credit Corporation announced Jan. 13 that Special Import Quota #13 for upland cotton will be established Jan. 20, allowing importation of 9,559,147 kilograms (43,904 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 April 19, 2022, and entered into the U.S. by July 18, 2022. Special Import Quota #12 for upland cotton was announced Jan. 6. Established Jan. 13, the quota will apply to upland cotton purchased not later than April 12, 2022, and entered into the U.S. by July 11, 2022. The allowed amount in the #12 quota is 9,559,147 kilograms (43,904 bales) of upland cotton, up from 9,434,076 kilograms (43,330 bales) under quota #11. The quotas are equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the September through November 2021 period, the most recent three months for which data is available.