USDA Announces Special Import Quota #24 for Upland Cotton
USDA's Commodity Credit Corporation announced March 31 that Special Import Quota #24 for upland cotton will be established April 7, allowing importation of 10,140,031 kilograms (46,572 bales) of upland cotton, the same as the previous quota period. The quota will…
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apply to upland cotton purchased not later than July 5, 2022, and entered into the U.S. by Oct. 3, 2022. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the November 2021 through January 2022 period, the most recent three months for which data is available.