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USDA Announces Special Import Quota #23 for Upland Cotton

The Department of Agriculture's Commodity Credit Corporation on March 28 announced that Special Import Quota #23 for upland cotton will be established on April 4, allowing importation of 12,665,348 kilograms (58,171 bales) of upland cotton, the same as the last…

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quota period. It will apply to upland cotton purchased not later than July 2, 2019, and entered into the U.S. by Sept. 30, 2019. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period November 2018 through January 2019, the most recent three months for which data is available.