MP_CN208 2-Jul-09 Memphis, TN USDA Cotton Program, MNB World market price for Upland cotton, in cents per pound, in effect from 12:01a.m., EST, Friday through midnight, EST, Thursday. 2009 Description May 29-May June June 26-Jun July 22-28 4-Jun 5-11 12-18 2-Jul 3-9 Adj. World price 1/ 44.59 44.41 44.93 44.46 43.04 44.57 CC adjustment 0.00 0.00 0.00 0.00 0.00 0.00 Loan Defic.Payment (LDP) 7.41 7.59 7.07 7.54 8.96 7.43 1/ Color 41, leaf 4, staple 34, mike 35-36 & 43-49, strength readings of 24-25 grams per tex. Source: Farm Service Agency, USDA. ICE futures contract settlement, designated spot market average for color 41, leaf 4, staple 34, and Far Easter a" Index Color 41, Leaf 4, Staple 34 Far Date Futures Settlement 7-MarketEastern Jul-09 Oct-09 Dec-09 Mar-10 May-10 Jul-10 Average 'A' Index 1/ Current June 52.54 54.89 56.84 59.37 60.79 61.99 49.64 61.05 June 52.86 55.00 56.97 59.41 60.73 61.89 49.71 60.65 June 53.30 55.63 57.48 59.72 60.92 62.03 50.16 60.85 July 56.73 58.63 60.48 62.72 63.92 65.06 52.88 61.45 July 56.80 59.00 60.92 63.19 64.39 65.42 53.14 64.45 1/ C.F. Far Eastern prices furnished by Cotton Outllok of Liverpool. Color 41, Leaf 4, Staple 34 Cents per Pound 7-Market Date SE ND SD ETX/OK WTX DSW SJV Average June 50.64 49.64 49.64 48.50 48.50 49.14 51.39 49.64 June 50.75 49.75 49.75 48.50 48.50 49.25 51.50 49.71 June 51.38 50.38 50.38 48.50 48.50 49.88 52.13 50.16 July 54.38 53.38 53.38 50.50 50.50 52.88 55.13 52.88 July 54.75 53.75 53.75 50.50 50.50 53.25 55.50 53.14 Source: USDA, AMS, Cotton and Tobacco Programs, Cotton Market News. Marketing Years Description 2007-2008 2008-2009 Through June 26, 2008 Through June 25, 2009 Week Mkt. Year Week Mkt. Year Outstanding sales - 3176100 - 2,174,500 Exports 378500 10932600 333,600 11,283,300 Total export commitments - 14108700 - 13,457,800 New sales 60900 - 199,000 - Buy-backs and cancellations 18400 - 42,700 - Net sales 42500 - 156,200 - Sales next marketing year 65900 920700 82,500 1,002,600 Net Upland sales of 156,200 running bales were down 1 percent from the previous week, but up10 percent fr Source: Export Sales Reporting Division, Foreign Agricultural Service, USDA. NOTE: Data may not add due to rounding. USDA, AMS Cotton and Tobacco Programs, Cotton Market News Branch 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports