MP_CN208 4/17/2025 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 28 Apr Apr Apr 14-20 21-27 Apr 3 4-10 11-17 18-24 Adjusted world price 1/ 53.76 54.63 53.66 55.22 53.10 53.43 Course count adjustment 0.00 0.00 0.00 0.00 0.00 0.00 Loan Deficiency Payment 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 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 11 65.89 67.01 68.71 68.51 69.62 70.48 62.32 78.30 0.00 Apr 14 64.09 65.35 67.26 66.94 68.09 68.96 60.52 78.10 0.00 Apr 15 65.08 66.12 68.00 67.60 68.74 69.67 61.54 76.40 0.00 Apr 16 65.79 66.37 68.26 67.91 69.03 69.94 62.29 77.25 0.00 Apr 17 66.32 67.13 68.80 68.44 69.55 70.44 64.20 77.60 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 11 64.64 63.64 63.64 60.64 61.64 60.89 61.14 62.32 Apr 14 62.84 61.84 61.84 58.84 59.84 59.09 59.34 60.52 Apr 15 63.83 62.83 62.83 59.83 61.08 60.08 60.33 61.54 Apr 16 64.54 63.54 63.54 60.54 62.04 60.79 61.04 62.29 Apr 17 66.38 65.38 65.38 62.88 63.38 62.88 63.13 64.20 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through April 11Through April 10, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 3,484,60 - 3,665,900 Exports 266,700 7,632,60328,200 7,089,300 Total export commitments - 11,117,2 - 10,755,200 New sales 152,100 - 211,600 . Buy-backs and cancellations 6,000 - 9,600 - Net sales 146,100 - 202,000 - Sales next marketing year 80,100 1,201,40 65,900 1,133,900 Net sales of Upland totaling 202,000 RB for 2024/2025 were up 76 percent from the previous week and 88 percent from the prior 4-week average. Increases primarily for Vietnam (90,900 RB, including 19,000 RB switched from China, 900 RB switched from South Korea, and 100 RB switched from Hong Kong), India (35,300 RB), Turkey (32,000 RB, including decreases of 8,100 RB), Pakistan (19,300 RB, including 1,600 RB switched from China), and Malaysia (10,500 RB, including 900 RB switched from China), were offset by reductions for China (13,100 RB), South Korea (900 RB), and Hong Kong (100 RB). Net sales of 65,900 RB for 2025/2026 were primarily for Pakistan (21,500 RB), Vietnam (11,700 RB), Guatemala (11,100 RB), Honduras (10,000 RB), and Mexico (5,700 RB). Exports of 328,200 RB were down 13 percent from the previous week and from the prior 4-week average. The destinations were primarily to Vietnam (87,100 RB), Pakistan (58,600 RB), Turkey (44,300 RB), India (18,100 RB), and Bangladesh (16,000 RB). Net sales of Pima totaling 2,400 RB for 2024/2025 were down 12 percent from the previous week and 83 percent from the prior 4-week average. Increases primarily for Pakistan (1,400 RB), Vietnam (400 RB), Djibouti (400 RB switched from Ethiopia), India (300 RB), and Thailand (200 RB), were offset by reductions for Ethiopia (400 RB). Exports of 6,700 RB were down 17 percent from the previous week and 48 percent from the prior 4-week average. The destinations were primarily to India (3,100 RB), Vietnam (1,900 RB), Peru (1,000 RB), Italy (300 RB), and Egypt (200 RB). Optional Origin Sales: For 2024/2025, the current outstanding balance of 8,800 RB, all Pakistan. Exports for Own Account: For 2024/2025, new exports for own account totaling 1,000 RB were to Vietnam. The current exports for own account outstanding balance of 18,300 were to China (16,300 RB) and Vietnam (2,000 RB). USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports