MP_CN208 19-Nov-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 Oct Oct Oct 30 Nov Nov Nov 16-22 23-29 5-Nov 6-12 13-19 20-26 Adj. World price 1/ 49.44 51.38 51.98 52.78 53.68 54.80 CC adjustment 0.00 0.00 0.00 0.00 0.00 0.00 Loan Defic.Payment (LDP) 2.56 0.62 0.02 0.00 0.00 0.00 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 Dec-09 Mar-10 May-10 Jul-10 Oct-10 Dec-10 Average 'A' Index 1/ Current Nov 67.10 71.33 72.84 74.04 74.70 75.59 63.14 70.65 Nov 68.44 72.67 74.03 75.08 75.82 76.48 65.48 71.25 Nov 67.89 71.97 73.13 74.09 74.79 75.59 65.01 72.05 Nov 68.54 72.55 73.78 74.81 75.51 76.35 65.57 71.65 Nov 68.82 72.97 74.27 75.41 76.15 76.73 65.87 72.30 0 Color 41, Leaf 4, Staple 34 Cents per Pound 7-Market Date SE ND SD ETX/OK WTX DSW SJV Average 0.00 Nov 65.35 64.10 64.10 62.50 62.50 60.60 62.85 63.14 Nov 68.92 67.67 67.67 63.00 63.00 63.17 64.92 65.48 Nov 67.97 66.97 66.97 63.25 63.25 62.47 64.22 65.01 Nov 68.55 67.55 67.55 63.75 63.75 63.05 64.80 65.57 Nov 68.97 67.72 67.72 64.00 64.00 63.47 65.22 65.87 0 Marketing Years Description 2008-2009 2009-2010 Through November 13, 200Through November 12, 2009 Week Mkt. Year Week Mkt. Year Outstanding sales - 3491900 - 1,755,200 Exports 239000 3568500 91,200 2,371,400 Total export commitments - 7060400 - 4,126,600 New sales 210400 - 240,900 - Buy-backs and cancellations 8000 - 5,100 - Net sales 202400 - 235,700 - Sales next marketing year 0 79700 0 152,400 Net Upland sales of 235,700 running bales were up noticeably from the previous week and the prior 4-week and Pakistan (800 RB). Source: Export Sales Reporting Division, Foreign Agricultural Service, USDA. USDA, AMS Cotton and Tobacco Programs, Cotton Market News Branch 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports