USDA Announces Special Import Quota #19 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation on Aug. 30 announced that Special Import Quota #18 for upland cotton will be established on Sept. 6, allowing importation of 13,543,665 kilograms (62,205 bales) of upland cotton, the same as the previous…
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quota period. It will apply to upland cotton purchased not later than Dec. 4, 2018, and entered into the U.S. by March 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 April 2018 through June 2018, the most recent three months for which data is available.