USDA Announces Special Import Quota #12 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation announced July 9 that Special Import Quota #10 for upland cotton will be established July 16, allowing importation of 3,892,413 kilograms (17,878 bales) of upland cotton, again down sharply from previous quota periods…
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(see 2006260010). The quota will apply to upland cotton purchased not later than Oct. 13, and entered into the U.S. by Jan. 11, 2021. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the March-May period, the most recent three months for which data is available.