USDA Announces Special Import Quota #17 for Upland Cotton
USDA's Commodity Credit Corporation announced Aug. 11 that Special Import Quota #17 for upland cotton will be established Aug. 18, allowing importation of 12,641,719 kilograms (58,062 bales), up from 12,148,606 kilograms (55,798 bales) in the previous quota period. The quota…
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will apply to upland cotton purchased not later than Nov. 15, 2022, and entered into the U.S. by Feb. 13, 2023. 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 2022 period, the most recent three months for which data is available.