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USDA Announces Special Import Quota #13 for Upland Cotton

The Department of Agriculture's Commodity Credit Corporation announced Special Import Quota #13 for upland cotton will be established on Dec. 22, allowing importation of 13,866,053 kilograms (63,686 bales) (here). It will apply to upland cotton purchased not later than March…

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21, 2017, and entered into the U.S. by June 19, 2017. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period August through October, the most recent three months for which data are available.