USDA Announces Special Import Quota #8 for Upland Cotton
USDA's Commodity Credit Corporation announced Dec. 7 that Special Import Quota #8 for upland cotton will be established Dec. 14, allowing importation of 7,207,463 kilograms (33,103 bales) of upland cotton, down from 7,837,716 kilograms (35,998 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 March 12, 2024, and entered into the U.S. by June 10, 2024. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the August through October 2023 period, the most recent three months for which data is available.