USDA Announces Special Import Quota #5 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation on Nov. 23 announced that Special Import Quota #5 for upland cotton will be established on Nov. 29, allowing importation of 12,334,220 kilograms (56,650 bales) of upland cotton, the same as the previous…
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quota period. It will apply to upland cotton purchased not later than Feb. 26, 2019, and entered into the U.S. by May 27, 2019. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period July 2018 through September 2018, the most recent three months for which data is available.