USDA Announces Special Import Quota #16 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation on Aug. 9 announced Special Import Quota #16 for upland cotton will be established on Aug. 16, 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 Nov. 13, 2018, and entered into the U.S. by Feb. 11, 2019. There is no change in amount from Special Import Quota #15 for upland cotton that was established on Aug. 9, applying to importation of upland cotton purchased not later than Nov. 6, 2018, and entered into the U.S. by Feb. 4, 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.