USDA Announces Special Import Quota #23 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation on Feb. 23 announced Special Import Quota #23 for upland cotton will be established on March 2, allowing importation of 13,556,910 kilograms (62,266 bales) (here). It will apply to upland cotton purchased not…
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later than May 30, 2017, and entered into the U.S. by Aug. 28, 2017. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period September through November, the most recent three months for which data are available.