USDA Announces Special Import Quota #2 for Upland Cotton
USDA's Commodity Credit Corporation announced April 28 that Special Import Quota #2 for upland cotton will be established May 5, allowing importation of 10,083,800 kilograms (46,314 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 Aug. 2, 2022, and entered into the U.S. by Oct. 31, 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.