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CALCULATIONS OF THE QUOTA RENT

ICR 200701-0551-001 · OMB 0551-0014 · Object 1663601.

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CALCULATIONS OF THE QUOTA RENT
janisw
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2007-01-31
2026-09-13
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CALCULATIONS OF THE QUOTA RENT


US price - 20 c/lb
World price - 11 c/lb
Average freight & insurance etc - 4 c/lb

Average Quota rent = 5 c/lb = $100/short ton

TRQ = 1.48 million short tons

Quota Rent = $148 million (much lower than before due to higher world price, lower U.S. price) - round to $150 million