USDA Announces Special Import Quota #19 for Upland Cotton
The U.S. Department of Agriculture's Commodity Credit Corporation announced Aug. 26 that Special Import Quota #19 for upland cotton will be established Sept. 2, allowing importation of 12,031,960 kilograms (55,262 bales) of upland cotton, the same as the previous quota…
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period. The quota will apply to upland cotton purchased not later than Nov. 30, 2021, and entered into the U.S. by Feb. 28, 2022. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the April through June 2021 period, the most recent three months for which data is available.