USDA Announces Special Import Quota #21 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation announced Special Import Quota #21 for upland cotton will be established on July 7, allowing importation of 14,671,661 kilograms (67,386 bales) of upland cotton (here). It will apply to upland cotton purchased not…
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later than Oct. 4 and entered into the U.S. by Jan. 2, 2017. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period February through April, the most recent three months for which data are available.