MP_CN208 9/23/2021 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, Frida 2021-2022 Aug Aug 27 Sept Sept Sept Sept 20-26 Sept 2 3-9 10-16 17-23 24-30 Adjusted world price 1/ 79.30 79.12 79.51 80.11 79.53 77.59 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 0.33 0.22 0.17 0.16 0.18 0.24 Fine count adjustment 20 0.58 0.47 0.42 0.41 0.43 0.49 1/ Color 41, leaf 4, st 0.00 0.00 0.00 0.00 0.00 0.00 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/ Oct-21 Dec-21 Mar-22 May-22 Jul-22 Oct-22 Average Current Sep 1 93.32 92.33 91.59 91.24 89.63 83.63 89.08 102.30 0.00 Sep 2 89.89 89.02 88.39 88.10 86.79 81.79 85.77 102.15 0.00 Sep 2 91.18 90.03 89.34 89.01 87.66 82.41 86.78 99.35 0.00 Sep 2 91.83 90.87 90.11 89.77 88.39 82.39 87.62 100.35 0.00 Sep 2 93.31 92.46 91.50 90.99 89.52 83.34 89.32 101.25 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 DeEast TX/West TexDesert SSJ ValleAverage Sep 1 92.08 91.08 91.08 89.08 88.58 85.58 86.08 89.08 Sep 2 88.77 87.77 87.77 85.77 85.27 82.27 82.77 85.77 Sep 2 89.78 88.78 88.78 86.78 86.28 83.28 83.78 86.78 Sep 2 90.62 89.62 89.62 87.62 87.12 84.12 84.62 87.62 Sep 2 92.21 91.21 91.21 89.96 88.71 85.71 86.21 89.32 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2020-2021 2021-2022 Description Through SeptembeThrough September 16, 2021 Week Mkt. Yea Week Mkt. Year Outstanding sales - 5,770,30 - 5,300,800 Exports 281,900 1,951,90176,800 1,351,600 Total export commitments - 7,722,20 - 6,652,400 New sales 145,500 - 347,400 - Buy-backs and cancellations 52,800 - 2,100 - Net sales 92,700 - 345,400 - Sales next marketing year 50,600 450,100 0 686,800 Net sales of 345,400 RB for 2021/2022 were up 21 percent from the previous week and 27 percent from the prior 4-week average. Increases were primarily for China (219,800 RB), Turkey (52,700 RB), Pakistan (36,200 RB), Vietnam (9,700 RB, including 3,700 RB switched from China, 500 RB switched from Japan, and decreases of 500 RB), and Peru (5,500 RB, including decreases of 100 RB). Exports of 176,800 RB were down 26 percent from the previous week and 7 percent from the prior 4-week average. The destinations were primarily to Turkey (36,000 RB), China (32,700 RB), Vietnam (25,700 RB), Mexico (22,700 RB), and Pakistan (19,700 RB). Net sales of Pima totaling 23,500 RB were up noticeably from the previous week and up 86 percent from the prior 4-week average. Increases were primarily for India (16,000 RB), Peru (2,400 RB), Turkey (1,500 RB), China (1,300 RB), and Greece (900 RB). Exports of 3,800 RB were up 23 percent from the previous week, but down 45 percent from the prior 4-week average. The destinations were to India (2,800 RB), China (500 RB), Peru (300 RB), and Pakistan (200 RB). Optional Origin Sales: For 2021/2022, the current outstanding balance of 8,800 RB is for Pakistan. Exports for Own Account: For 2021/2022, the current exports for own account outstanding balance of 4,800 RB is for China (4,700 RB) and Vietnam (100 RB) USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports