USDA Announces Special Import Quota #25 for Upland Cotton
USDA's Commodity Credit Corporation announced April 7 that Special Import Quota #25 for upland cotton will be established April 14, allowing importation of 10,083,800 kilograms (46,314 bales) of upland cotton, down from 10,140,031 kilograms (46,572 bales) in the previous quota…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
period. The quota will apply to upland cotton purchased not later than July 12, 2022, and entered into the U.S. by Oct. 10, 2022. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the December 2021 through February 2022 period, the most recent three months for which data is available.