MP_CN208 5/15/2025 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 Apr Apr Apr 25 May May May 11-17 18-24 May 1 2-8 9-15 16-22 Adjusted world price 1/ 53.10 53.43 54.88 54.94 54.81 53.90 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/ Jul-25 Oct-25 Dec-25 Mar-26 May-26 Jul-26 Average Current May 09 66.61 68.80 68.67 69.93 70.85 71.50 63.72 78.25 0.00 May 12 66.63 68.89 68.85 70.10 71.01 71.55 63.74 78.25 0.00 May 13 66.28 68.83 68.77 70.08 70.99 71.57 63.42 78.25 0.00 May 15 65.48 68.37 68.25 69.60 70.53 71.13 62.62 78.00 0.00 May 16 65.43 68.27 68.18 69.51 70.45 71.09 62.57 77.25 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 DeETX/STX WTX/OK/KDesert SSJ ValleAverage May 09 65.61 64.86 64.86 62.61 62.86 62.61 62.61 63.72 May 12 65.63 64.88 64.88 62.63 62.88 62.63 62.63 63.74 May 13 65.28 64.53 64.53 62.28 62.78 62.28 62.28 63.42 May 15 64.48 63.73 63.73 61.48 61.98 61.48 61.48 62.62 May 16 64.43 63.68 63.68 61.43 61.93 61.43 61.43 62.57 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through May 9, 2Through May 8, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 3,239,10 - 2,684,000 Exports 238,800 8,562,70329,200 8,471,500 Total export commitments - 11,801,8 - 11,155,500 New sales 163,200 - 154,000 . Buy-backs and cancellations 6,800 - 31,800 - Net sales 156,500 - 122,200 - Sales next marketing year 140,600 1,601,00 34,200 1,276,500 Net sales of Upland totaling 122,200 RB for 2024/2025 were up 86 percent from the previous week and 2 percent from the prior 4-week average. Increases primarily for Vietnam (95,600 RB, including 100 RB switched from South Korea and decreases of 1,900 RB), Bangladesh (26,200 RB), Indonesia (6,300 RB), Peru (4,900 RB), and India (1,300 RB, switched from Thailand), were offset by reductions for Pakistan (11,900 RB), Turkey (1,100 RB), Thailand (400 RB), and South Korea (100 RB). Net sales of 34,200 RB for 2025/2026 were reported for Honduras (25,400 RB) and Indonesia (8,800 RB). Exports of 329,200 RB were down 17 percent from the previous week and 5 percent from the prior 4-week average. The destinations were primarily to Vietnam (120,800 RB), Pakistan (66,200 RB), Turkey (51,900 RB), Bangladesh (19,600 RB), and Mexico (15,300 RB). Net sales of Pima totaling 5,000 RB for 2024/2025 were down 81 percent from the previous week and 58 percent from the prior 4-week average. Increases were primarily for India (3,000 RB), Thailand (1,000 RB), Bangladesh (400 RB), Bahrain (200 RB), and Turkey (200 RB). Total net sales of 4,400 RB for 2025/2026 were for Egypt. Exports of 9,600 RB were down 34 percent from the previous week and 3 percent from the prior 4-week average. The destinations were primarily to India (3,000 RB), Peru (2,400 RB), Pakistan (1,700 RB), China (900 RB), and Thailand (600 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 13,300 RB were to China (11,100 RB) and Vietnam (2,200 RB). USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports