USDA Announces Special Import Quota #14 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation announced Special Import Quota #14 for upland cotton that will be established on May 19, allowing importation of 14,130,218 kilograms (64,899 bales) of upland cotton (here). It will apply to upland cotton purchased…
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not later than Aug. 23 and entered into the U.S. by Nov. 21. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally-adjusted average rate for the period January through March, the most recent three months for which data are available.