Mp_cn812 June 27, 2025 Weekly Cotton Market Review Spot quotations averaged 156 points higher than the previous week, according to the USDA, Agricultural Marketing Service’s Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, leaf 4, staple 34, mike 35-36 and 43-49, strength 27.0 - 28.9, and uniformity 81.0 - 81.9) in the seven designated markets averaged 65.05 cents per pound for the week ending Thursday, June 26, 2025. The weekly average was up from 63.49 cents last week and from 64.44 cents reported the corresponding period a year ago. Daily average quotations ranged from a low of 64.45 cents on Monday, June 23 to a high of 65.71 cents on Thursday, June 26. Spot transactions reported in the Daily Spot Cotton Quotations for the week ended June 26 totaled 4,132 bales. This compares to 2,489 reported last week and zero bales reported the corresponding week a year ago. Total spot transactions for the season were 974,340 bales compared to 834,015 bales the corresponding week a year ago. The ICE Oct settlement price ended the week at 68.14 cents, compared to 66.11 cents last week. Southeastern Markets Regional Summary Spot cotton trading was inactive. Supplies and offerings were light. Demand was moderate. Average local spot prices were higher. Trading of CCC-loan equities was moderate. No interest in forward contracting was reported. Partly cloudy to overcast conditions prevailed during the period across the lower Southeast during much of the period. Daytime high temperatures were in the 90s. Nighttime lows were in the 60s and 70s. Scattered thunderstorms brought moisture to areas across the region throughout the week. Rainfall totals measured one to two inches throughout Alabama and the Florida Panhandle with lesser accumulations recorded in south Georgia. Soils remained saturated in areas of Alabama and planting lagged slightly behind five-year average. According to the National Agricultural Statistics Service’s (NASS) Crop Progress report released on June 23, planting was completed in Georgia. Squaring advanced at a good pace in the earliest planted fields. Producers scouted for pests and applied pesticides where fields met threshold limits. Sunny to partly cloudy conditions were observed across the upper Southeast during the period. Daytime high temperatures were in the 90s to low 100s. Nighttime lows were mostly in the 70s. Localized showers brought moisture to the eastern Carolins during the week. Precipitation totals measured from trace amounts to around one inch of moisture in eastern North Carolins. According to NASS, planting was completed in South Carolina and neared completion in North Carolina and Virginia. Textile Mill Domestic mill buyers inquired for a moderate volume of color 41, leaf 4 and better, and staple 34 and longer for first quarter through third quarter 2026 delivery. No sales were reported. The undertone from mill buyers remained cautious. Yarn demand was moderate and mill buyers balanced raw cotton purchases with finished product orders. Demand through export channels was moderate. Agents for mills throughout the Far East inquired for any discounted styles of cotton. Trading • A moderate volume CCC-loan equity traded for around 11.75 cents. North Delta Spot cotton trading was inactive. Supplies of available cotton were light. Demand was very light. Trading of CCC-loan equities was inactive. Average local spot prices were higher. There was no interest in forward contracting. Sunny skies prevailed during most of the reporting period. Daytime highs were in the 90s. Nighttime temperatures were in the 70s. Scattered thunderstorms brought light rainfall to the region. Some locations received up to one-quarter of an inch of precipitation. Heat advisories were issued by the National Weather Service with heat indexes ranging from 106-109 degrees. Hot weather helped dry saturated fields, which influenced crop maturity. Fieldwork such as replanting and weed control prevention was reported for areas in Tennessee. According to the National Agricultural Statistics Service’s (NASS) Crop Progress report released on June 23, cotton squaring continued to progress at 21 percent in Arkansas, 26 in Missouri, and 19 percent in Tennessee. NASS reported boll setting was underway at 1 percent observed in Tennessee. No boll setting was reported in Arkansas and Missouri. Domestic industry representatives attended the Annual Universal Upland Cotton Grade Standards box matching in Memphis, TN. South Delta Spot cotton trading was inactive. Supplies of available cotton were light. Demand was very light. Average local spot prices were higher. Trading of CCC-loan equities was inactive. No forward contracting was reported. Daytime high temperatures were in the 90s. Nighttime temperatures were in the 70s. Abundant sunshine with occasional cloudiness persisted during the reporting period. Scattered thunderstorms brought light rainfall to the region early period. Accumulated precipitation measured from trace amounts to two and one-half inches. Heat advisories were issued by the National Weather Service with heat indexes ranging from 105 to 110 degrees. Extreme heat waves caused water levels to recede in the Mississippi river, which improved flood advisories. Fieldwork was being done where needed. No plant bug activity was reported. Producers closely monitored the fields hoping for improvements in crop maturity due to an extended period of hot and dry conditions. According to the National Agricultural Statistics Service’s (NASS) Crop Progress report released on June 23, cotton planted was complete in Louisiana and at 78 percent in Mississippi. NASS reported cotton squaring continued to advance at 51 percent in Louisiana and at 12 percent in Mississippi. Boll setting was underway at 1 percent observed in Mississippi. No boll setting was reported. Domestic industry representatives attended the Annual Universal Upland Cotton Grade Standards box matching in Memphis, TN. Trading North Delta • No trading activity was reported. South Delta • No trading activity was reported. East Texas-South Texas Spot cotton trading was inactive. Supplies and producer offerings were light. Demand was light. Average local spot prices were higher. Producer interest in forward contracting was light. Trading of CCC-loan equities was inactive. Foreign mill inquiries were light. Interest was best from Korea, Taiwan, and Vietnam. In East Texas, sunny and partly cloudy skies with intermittent rainfall was reported throughout the region. Daytime high temperatures were in the low to mid-90s, with overnight lows lingering in the low to mid-70s. Recorded moisture totals ranged from trace amounts up to one and one-quarter of an inch of precipitation in areas of the Brazos River Bottoms. The crop made good progress. Herbicide and pesticide applications were made. Isolated showers brought moisture to areas of the lower Rio Grande Valley (RGV) and the Upper Coast, but conditions in the Coastal Bend were predominately hot and dry throughout the reporting period. Heat units continued to build, with daytime high temperatures in the upper 80s to the mid-90s, and overnight low temperatures in the 70s. Accumulated rainfall totals ranged from one-quarter of an inch up to one and one-half inches of moisture in some locales. Cotton advanced across the region. Good boll retention was reported, and bolls were filling in nicely. Stands were blooming to the top in the Coastal Bend and Upper Coast. In the lower RGV bolls were popping open. Weeds continued to be an issue for producers after showers, and as a result, herbicide applications were ongoing. Additionally, growers applied plant growth regulators and pesticides for pests migrating from wheat during harvest. Local experts reported that harvest is expected to begin in mid-July for the lower RGV and the Coastal Bend in the earliest planted fields. West Texas-Kansas-Oklahoma Spot cotton trading was moderate. Supplies and producer offerings were light. Demand was very light. Average local spot prices were higher. Producer interest in forward contracting was light. Trading of CCC-loan equities was inactive. Foreign mill inquiries were light. Interest was best from Korea, Taiwan, and Vietnam. In Texas, daytime high temperatures were in the mid-80s to mid-90s, and overnight lows were in the 60s to 70s. Some locations benefitted from pop-up storms that brought up to one-half of an inch of precipitation. Wind gusts as much as 50 miles per hour depleted soil moisture, and a slow soaking rain event would benefit the plants. Stand progress was mixed. Some seedlings pushed through the topsoil and earlier planted stands were squaring. Spraying and cultivating for weeds was underway. Insect populations were mostly light, according to industry sources, but scouting continued for thrips, fleahoppers, lygus, and grasshoppers. In Kansas, daytime temperatures were in the upper 80s to mid-90s, and overnight lows were in the 70s. More than one inch of rainfall was received, and severe thunderstorms were in the nearby forecast. Many acres were lost because of excessive moisture, below normal temperatures during germination, and wind. Insurance adjusters evaluated damage. Some fields will be replanted to soybeans. The remaining cotton stands made good progress. Producers sprayed for weeds and thrips. In Oklahoma, daytime temperatures were in the mid-to-upper 90s, and overnight lows were in the 70s. Stands advanced and irrigation was initiated as the crop had begun to set squares. Monitoring was ongoing for early season thrips and fleahoppers. Populations were light. Meetings were held throughout the region. Trading East Texas/South Texas • No trading activity reported. West Texas, Kansas & Oklahoma • In Texas, evening-running lots containing a light volume of color 11, leaf 1 and 2, staple 32, mike 44-49, strength averaging 29.0, and uniformity averaging 79.5 sold for 59.00 cents per pound, FOB car/truck (compression charges not paid). • In Kansas, a mixed lot containing a light volume of color 21-33, leaf 3-6, staple 34 to 37, mike 38-44, strength 27-34, uniformity 78-81, and 25 percent extraneous matter traded for around 57.00 cents, same terms as above. • In Oklahoma, a mixed lot containing a light volume of color 32-54, leaf 4-6, staple 35, mike averaging 43.0, strength averaging 30.2, uniformity averaging 80.0, and 25 percent extraneous matter sold for around 45.00 cents, same terms as above. • A light volume of CCC-loan equities traded for 3.50 cents. Desert Southwest (DSW) Spot cotton trading was inactive. Supplies and producer offerings were light. Demand was light. Producer interest in forward contracting was light. Average local prices were higher. No forward contracting or domestic mill activity was reported. Foreign mill inquiries were light. Weather conditions in Arizona were mostly sunny. Daily temperatures were in the 100s, giving a reprieve form the record-breaking temperatures the previous week that soared into the 110s. Nightly lows were in the mid-to-upper 70s. Extreme heat warnings were issued throughout the territory. No rain was recorded. The crop continued to progress well throughout the territory. According to the National Agricultural Statistics Service’s Crop Progress report released on June 23, the crop was at 66 percent squaring and 12 percent setting bolls. In New Mexico and El Paso, TX, daily temperatures cooled into the 80s as monsoon activity entered the area. Nighttime lows were in the 60s. The monsoon activity brought welcomed moisture to the cotton growing areas. Rainfall totals measured over one-half of an inch. The crop progressed well. No significant insect pressures were reported. According to NASS, the crop in New Mexico was at 91 percent planted and 67 percent emerged. San Joaquin Valley (SJV) Spot cotton trading was inactive. Supplies and demand were light. No forward contracting or domestic mill activity was reported. Average local prices were higher. Foreign mill inquiries were light. In the SJV, daily temperatures throughout the period ranged from the upper 90s to the low 100s. Nighttime lows were in the 50s and 60s. Squaring advanced, and fields were scouted for pests. Some heavy lygus pressure was reported and treated where necessary. Fields were receiving first irrigations. According to National Agricultural Statistics Service’s Crop Progress report released on June 23, the California crop was at 15 percent squaring and in excellent condition. American Pima (AP) Spot cotton trading was inactive. Supplies were moderate. Demand was light. No forward contracting or domestic mill activity was reported. Average local spot prices were steady. Foreign mill inquiries were light. In the San Joaquin Valley, weather conditions were sunny and temperatures were variable ranging from the 80s into the triple-digits. Overnight lows were in the 50s and 60s. No rain was reported during the period. Fields were irrigated. Heavy lygus pressure was present and producers have concerns about the effectiveness of pesticides used for treatment. In Arizona, daily temperatures were cooler, but still reached into the triple-digits multiple days. Extreme heat warnings were issued. Nightly lows were in the 70s. No rain was recorded. The crop continued to progress well throughout the territory. In New Mexico and West Texas, monsoon activity cooled daily temperatures into the 80s. Nighttime lows were in the 60s. The monsoon activity brought some welcomed moisture to cotton growing areas. Rainfall totals measured over one-half of an inch. The crop progressed well. No significant insect pressures were reported. Trading Desert Southwest • No trading activity was reported. San Joaquin Valley • No trading activity was reported. American Pima • No trading activity was reported.