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USDA Announces Special Import Quota #18 for Upland Cotton

The Department of Agriculture's Commodity Credit Corporation on Aug. 24 announced Special Import Quota #18 for upland cotton will be established on Aug. 31, allowing importation of 12,751,474 kilograms (58,566 bales) of upland cotton. It will apply to upland cotton…

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purchased not later than Nov. 28, 2017, and entered into the U.S. by Feb. 26, 2018. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period April 2017 through June 2017, the most recent three months for which data is available.