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USDA Announces Special Import Quota #4 for Upland Cotton

The Department of Agriculture's Commodity Credit Corporation announced Special Import Quota #4 for upland cotton will be established on Oct. 20, allowing importation of 14,034,414 kilograms (64,459 bales) (here). It will apply to upland cotton purchased not later than Jan.…

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17, 2017, and entered into the U.S. by April 17, 2017. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period June through August, the most recent three months for which data are available.