USDA Announces Special Import Quota #9 for Upland Cotton
USDA's Commodity Credit Corporation announced Dec. 14 that Special Import Quota #9 for upland cotton will be established Dec. 21, allowing importation of 7,207,463 kilograms (33,103 bales) of upland cotton, the same as the previous quota period. The quota will…
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apply to upland cotton purchased not later than March 19, 2024, and entered into the U.S. by June 17, 2024. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally adjusted average rate for the August through October 2023 period, the most recent three months for which data is available.