MP_CN208 4/10/2025 Memphis, TN USDA Cotton and Tobacco Program, MND World market prices for upland cotton, in cents per pound, in effect from 12:01 a.m., EDT, Friday 2024-2025 Mar Mar Mar Mar 28 Apr Apr 7-13 14-20 21-27 Apr 3 4-10 11-17 Adjusted world price 1/ 51.88 53.76 54.63 53.66 55.22 53.10 Course count adjustment 0.00 0.00 0.00 0.00 0.00 0.00 Loan Deficiency Payment 0.12 0.00 0.00 0.00 0.00 0.00 Fine count adjustment 20 0.00 0.00 0.00 0.00 0.00 0.00 Fine count adjustment 20 0.00 0.00 0.00 0.00 0.00 0.00 1/ Color 41, leaf 4, staple 34, mike 35-36 & 43-49, strength readings of 26.0-28.9 grams per te Source: Farm Service Agency, USDA. 0 ICE futures contract settlement, designated spot market average for color 41, leaf 4, staple 34, Far Eastern 'A' Index Color 41, Leaf 4, Staple 34 Far Eastern Date Futures Settlement 7-MarketA Index 1/ May-25 Jul-25 Oct-25 Dec-25 Mar-26 May-26 Average Current Apr 04 63.36 64.56 66.41 66.16 67.39 68.29 59.79 76.70 0.00 Apr 07 65.99 66.89 68.69 68.23 69.37 70.22 62.42 75.25 0.00 Apr 08 65.55 66.33 68.02 67.75 68.85 69.71 61.98 77.95 0.00 Apr 09 66.63 67.31 68.91 68.47 69.57 70.38 63.06 77.55 0.00 Apr 10 66.47 67.00 68.62 68.28 69.40 70.20 62.90 78.55 0.00 1/ Far Eastern A Index furnished by Cotton Outlook of Liverpool. Color 41, Leaf 4, Staple 34 Cents per Pound 7-Market Date SoutheasNorth DeSouth DeETX/STX WTX/OK/KDesert SSJ ValleAverage Apr 04 62.11 61.11 61.11 58.11 59.11 58.36 58.61 59.79 Apr 07 64.74 63.74 63.74 60.74 61.74 60.99 61.24 62.42 Apr 08 64.30 63.30 63.30 60.30 61.30 60.55 60.80 61.98 Apr 09 65.38 64.38 64.38 61.38 62.38 61.63 61.88 63.06 Apr 10 65.22 64.22 64.22 61.22 62.22 61.47 61.72 62.90 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through April 4,Through April 3, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 3,605,20 - 3,792,100 Exports 274,100 7,365,90377,200 6,761,100 Total export commitments - 10,971,1 - 10,553,200 New sales 130,400 - 122,100 . Buy-backs and cancellations 48,900 - 7,100 - Net sales 81,500 - 115,100 - Sales next marketing year 35,700 1,121,30 18,900 1,068,000 Net sales of Upland totaling 115,100 RB for 2024/2025 were down 11 percent from the previous week and 22 percent from the prior 4-week average. Increases primarily for Vietnam (64,800 RB, including 2,200 RB switched from China, 1,300 RB switched from South Korea, and decreases of 700 RB), Turkey (19,100 RB, including decreases of 300 RB), Thailand (7,500 RB), Honduras (6,100 RB, including decreases of 100 RB), and Malaysia (4,400 RB), were offset by reductions for China (1,800 RB) and Pakistan (800 RB). Net sales of 18,900 RB for 2025/2026 were reported for Honduras (6,600 RB), Vietnam (6,600 RB), El Salvador (4,300 RB), and Thailand (1,400 RB). Exports of 377,200 RB were down 4 percent from the previous week and 2 percent from the prior 4-week average. The destinations were primarily to Vietnam (128,400 RB), Pakistan (69,100 RB), Turkey (64,300 RB), Bangladesh (15,200 RB), and Mexico (14,800 RB). Net sales of Pima totaling 2,700 RB for 2024/2025 were down 68 percent from the previous week and 82 percent from the prior 4-week average. Increases primarily for India (2,200 RB), China (1,000 RB switched from Hong Kong), Guatemala (300 RB), and Peru (200 RB), were offset by reductions for Hong Kong (1,000 RB). Exports of 8,000 RB were down 44 percent from the previous week and 36 percent from the prior 4-week average. The destinations were primarily to India (2,000 RB), Egypt (1,800 RB), Vietnam (1,100 RB), China (1,000 RB), and Costa Rica (900 RB). Optional Origin Sales: For 2024/2025, the current outstanding balance of 8,800 RB, all Pakistan. Exports for Own Account: For 2024/2025, the current exports for own account outstanding balance of 17,400 were to China (16,300 RB) and Vietnam (1,100 RB).