USDA Announces Special Import Quota #4 for Upland Cotton
The U.S. Department of Agriculture's Commodity Credit Corporation announced May 13 that Special Import Quota #4 for upland cotton will be established May 20, allowing importation of 9,364,126 kilograms (43,009 bales) of upland cotton, up from 8,126,524 kilograms (37,324 bales)…
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in the previous quota period. The quota will apply to upland cotton purchased not later than Aug. 17, 2021, and entered into the U.S. by Nov. 15, 2021. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the January through March 2021 period, the most recent three months for which data is available.