MP_CN208 3/13/2025 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 Feb Feb Feb Feb 28 Mar Mar 7-13 14-20 21-27 Mar 6 7-13 14-20 Adjusted world price 1/ 53.18 53.99 54.67 53.89 51.88 53.76 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 0.12 0.00 Fine count adjustment 20 0.16 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/ Mar-25 May-25 Jul-25 Oct-25 Dec-25 Mar-26 Average Current Mar 07 64.76 66.07 67.15 68.62 68.46 69.50 62.57 76.95 0.00 Mar 10 - 66.00 67.21 69.11 68.66 69.76 62.50 77.70 0.00 Mar 11 - 66.00 67.19 69.20 68.85 69.93 62.50 77.95 0.00 Mar 12 - 66.98 68.16 69.92 69.65 70.64 63.52 77.85 0.00 Mar 13 - 66.53 67.70 69.57 69.20 70.20 63.07 78.85 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 Mar 07 65.07 64.07 64.07 60.57 61.82 61.07 61.32 62.57 Mar 10 Holiday 0.00 Holiday 0.00 Holiday 0.00 Holiday Holiday Mar 11 65.00 64.00 64.00 60.50 61.75 61.00 61.25 62.50 Mar 12 65.98 64.98 64.98 61.73 62.73 61.98 62.23 63.52 Mar 13 65.53 64.53 64.53 61.28 62.28 61.53 61.78 63.07 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through March 7,Through March 6, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 4,647,70 - 4,877,900 Exports 293,300 5,967,50403,500 5,245,600 Total export commitments - 10,615,2 - 10,123,500 New sales 116,500 - 302,600 . Buy-backs and cancellations 30,700 - 30,800 - Net sales 85,800 - 271,800 - Sales next marketing year 112,700 950,100 110,200 909,700 Net sales of Upland totaling 271,800 RB for 2024/2025 were up 13 percent from the previous week and from the prior 4-week average. Increases primarily for Vietnam (112,700 RB, including 29,200 RB switched from China, 1,500 RB switched from South Korea, 400 RB switched from Japan, and decreases of 200 RB), Turkey (89,300 RB), Pakistan (42,700 RB, including 900 RB switched from China and decreases of 8,800 RB), Bangladesh (20,300 RB), and Indonesia (10,100 RB, including 200 RB switched from Vietnam), were offset by reductions for China (39,100 RB) and South Korea (200 RB). Net sales of 110,200 RB for 2025/2026 were primarily for Pakistan (62,400 RB), Honduras (20,800 RB), Turkey (20,000 RB), Vietnam (4,000 RB), and Mexico (1,800 RB). Exports of 403,500 RB--a marketing-year high--were up 21 percent from the previous week and 39 percent from the prior 4-week average. The destinations were primarily to Vietnam (126,700 RB), Pakistan (101,600 RB), Turkey (62,200 RB), India (20,200 RB), and China (15,200 RB). Net sales of Pima totaling 4,600 RB for 2024/2025 were down 58 percent from the previous week and 66 percent from the prior 4-week average. Increases primarily for Bangladesh (1,400 RB), Costa Rica (900 RB), India (800 RB), Thailand (600 RB), and China (600 RB, including 400 RB switched from Hong Kong), were offset by reductions for Hong Kong (400 RB). Exports of 6,900 RB were up 72 percent from the previous week and 27 percent from the prior 4-week average. The destinations were primarily to Peru (2,000 RB), China (1,700 RB), Vietnam (900 RB), Turkey (900 RB), and India (400 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 5,300 RB, all China. USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports