USDA Announces Special Import Quota #22 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation on March 22 announced Special Import Quota #22 for upland cotton will be established on March 29, allowing importation of 13,357,069 kilograms (61,348 bales) of upland cotton. It will apply to upland cotton…
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purchased not later than June 26, 2018, and entered into the U.S. by Sept. 24, 2018. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period November 2017 through January 2018, the most recent three months for which data is available.