USDA Announces Special Import Quota #10 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation on June 29 announced Special Import Quota #10 for upland cotton will be established on July 6, allowing importation of 13,890,026 kilograms (63,796 bales) of upland cotton (here). It will apply to upland…
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cotton purchased not later than Oct. 3, 2017, and entered into the U.S. by Jan. 1, 2018. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period January 2017 through March 2017, the most recent three months for which data is available.