MP_CN208 6/12/2025 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 May May May May 30 June June 9-15 16-22 23-29 June 5 6-12 13-19 Adjusted world price 1/ 54.81 53.90 53.52 53.84 53.76 54.02 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 June 0 65.62 67.44 68.21 69.69 70.79 71.68 62.80 77.75 0.00 June 0 65.99 66.90 68.35 69.72 70.80 71.64 63.17 78.00 0.00 June 1 65.42 65.70 67.71 69.06 70.16 71.04 62.60 78.50 0.00 June 1 65.47 65.72 67.65 69.00 70.09 70.98 62.65 78.05 0.00 June 1 65.14 65.52 67.47 68.79 69.87 70.79 62.32 78.05 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 June 0 64.62 63.87 63.87 61.62 62.37 61.62 61.62 62.80 June 0 64.99 64.24 64.24 61.99 62.74 61.99 61.99 63.17 June 1 64.42 63.67 63.67 61.42 62.17 61.42 61.42 62.60 June 1 64.47 63.72 63.72 61.47 62.22 61.47 61.47 62.65 June 1 64.14 63.39 63.39 61.14 61.89 61.14 61.14 62.32 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through June 6, Through June 5, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 3,260,60 - 2,034,800 Exports 186,600 9,282,50236,300 9,550,700 Total export commitments - 12,543,1 - 11,585,500 New sales 183,900 - 71,900 . Buy-backs and cancellations 6,700 - 11,700 - Net sales 177,100 - 60,200 - Sales next marketing year 177,400 1,958,40 36,100 1,372,800 Net sales of Upland totaling 60,200 RB for 2024/2025 were down 45 percent from the previous week and 51 percent from the prior 4-week average. Increases primarily for Vietnam (28,000 RB, including 2,700 RB switched from Pakistan, 1,500 RB switched from Hong Kong, 200 RB switched from South Korea, and decreases of 600 RB), India (18,600 RB, including decreases of 100 RB), Pakistan (6,600 RB, including 1,300 RB switched from China), Mexico (5,700 RB, including decreases of 100 RB), and Bangladesh (3,400 RB), were offset by reductions primarily for Japan (1,500 RB), Hong Kong (1,500 RB), China (1,200 RB), Guatemala (1,000 RB), and Thailand (400 RB). Net sales of 36,100 RB for 2025/2026 reported for Vietnam (25,100 RB), Turkey (7,500 RB), Bangladesh (2,200 RB), Thailand (900 RB), and Japan (800 RB), were offset by reductions for Peru (400 RB). Exports of 236,300 RB were down 25 percent from the previous week and 19 percent from the prior 4-week average. The destinations were primarily to Vietnam (59,100 RB), Turkey (40,800 RB), Pakistan (35,800 RB), Bangladesh (28,100 RB), and India (13,500 RB). Net sales of Pima totaling 1,400 RB for 2024/2025 were down 79 percent from the previous week and 72 percent from the prior 4-week average. Increases reported for India (700 RB, including decreases of 900 RB), Pakistan (500 RB), Indonesia (300 RB, including 200 RB switched from Japan), and Malaysia (100 RB), were offset by reductions for Japan (200 RB). Total net Sales of Pima totaling 400 RB for 2025/2026 were for Japan. Exports of 5,800 RB were down 47 percent from the previous week and 33 percent from the prior 4-week average. The destinations were primarily to Pakistan (1,700 RB), India (1,300 RB), Costa Rica (900 RB), Thailand (400 RB), and Djibouti (400 RB). Optional Origin Sales: For 2024/2025, options were exercised to exports 400 RB to Pakistan from other than the United States. The current outstanding balance of 8,400 RB, all Pakistan. Exports for Own Account: For 2024/2025, the current exports for own account outstanding balance of 4,700 RB were to Bangladesh (2,400 RB) and Vietnam (2,300 RB). USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports