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USDA Announces Special Import Quota #14 for Upland Cotton

The Department of Agriculture's Commodity Credit Corporation on July 26 announced Special Import Quota #14 for upland cotton will be established on Aug. 2, allowing importation of 13,673,800 kilograms (62,803 bales) of upland cotton. It will apply to upland cotton…

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purchased not later than Oct. 30, 2018, and entered into the U.S. by Jan. 28, 2019. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period March 2018 through May 2018, the most recent three months for which data is available.