USDA Announces Special Import Quota #114 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation has announced Special Import Quota #114 for upland cotton that will be established on November 24, 2011, allowing importation of 14,594,057 kilograms (67,030 bales) of upland cotton. It will apply to upland cotton…
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purchased not later than February 21, 2012, and entered into the U.S. not later than May 21, 2012. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally-adjusted average rate for the period May 2011 through July 2011, the most recent three months for which data are available.