USDA Announces Special Import Quota #6 for Upland Cotton

The Department of Agriculture's Commodity Credit Corporation announced Special Import Quota #6 for upland cotton that will be established on Sept. 25, allowing importation of 14,741,821 kilograms (67,709 bales) of upland cotton. It will apply to upland cotton purchased not later than Dec. 23, and entered into the U.S. by March 23, 2015. The quota is equivalent to one week's consumption of cotton by domestic mills at the seasonally-adjusted average rate for the period March through May, the most recent three months for which data are available.