USDA Announces Special Import Quota #20 for Upland Cotton
USDA's Commodity Credit Corporation announced Feb. 29 that Special Import Quota #20 for upland cotton will be established March 7, allowing importation of 6,540,756 kilograms (30,041 bales) of upland cotton, the same as the previous quota period. The quota will…
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apply to upland cotton purchased not later than June 4, 2024, and entered into the U.S. by Sept. 2, 2024. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the October through December 2023 period, the most recent three months for which data is available.