USDA Announces Special Import Quota #10 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation announced June 25 that Special Import Quota #10 for upland cotton will be established July 2, allowing importation of 7,445,241 kg (34,195 bales) of upland cotton. The quota will apply to upland cotton…
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purchased not later than Sept. 29, and entered into the U.S. by Dec. 28. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for February-April, the most recent three months for which data is available.