USDA Announces Special Import Quota #20 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation on March 5 announced that Special Import Quota #20 for upland cotton will be established on March 12, allowing importation of 11,243,064 kilograms (51,638 bales) of upland cotton, down from 12,096,232 kilograms (55,557…
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bales) in the last quota period. The quota will apply to upland cotton purchased not later than June 9, 2020, and entered into the U.S. by Sept. 6, 2020. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the period November 2019 through January 2020, the most recent three months for which data is available.