USDA Announces Special Import Quota #14 for Upland Cotton
The U.S. Department of Agriculture's Commodity Credit Corporation announced Jan. 20 that Special Import Quota #14 for upland cotton will be established Jan. 27, 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 26, 2022, and entered into the U.S. by July 25, 2022. The quota is 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.