USDA Announces Special Import Quota #15 for Upland Cotton
The Department of Agriculture's Commodity Credit Corporation announced Special Import Quota #15 for upland cotton that will be established on May 29, allowing importation of 14,941,776 kilograms (68,627 bales) of upland cotton. It will apply to upland cotton purchased not…
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later than Aug. 26, and entered into the U.S. by Nov. 24. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally-adjusted average rate for the period October 2013 through December 2013, the most recent three months for which data are available.