MP_CN208 7/3/2025 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, Frida 2024-2025 May 30 June June June June 27 July June 5 6-12 13-19 20-26 July 3 4-10 Adjusted world price 1/ 53.84 53.76 54.02 54.03 54.18 55.34 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 2 67.52 68.80 69.32 70.60 71.59 72.34 66.23 79.65 0.00 June 3 66.28 67.68 68.13 69.46 70.50 71.30 64.97 80.15 0.00 July 66.28 67.68 68.03 69.31 70.36 71.15 64.97 78.90 0.00 July 66.77 68.17 68.63 69.90 70.93 71.71 65.46 78.85 0.00 July 65.66 67.06 68.46 69.78 70.82 71.59 64.35 79.40 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 2 68.30 67.55 67.55 64.80 65.05 65.05 65.30 66.23 June 3 67.18 66.43 66.43 63.68 63.43 63.43 64.18 64.97 July 67.18 66.43 66.43 63.68 63.43 63.43 64.18 64.97 July 67.67 66.92 66.92 64.17 63.92 63.92 64.67 65.46 July 66.56 65.81 65.81 63.06 62.81 62.81 63.56 64.35 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through June 27,Through June 26, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 3,140,90 - 1,524,000 Exports 175,800 9,797,30255,800 10,195,700 Total export commitments - 12,938,2 - 11,719,700 New sales 131,300 - 70,400 . Buy-backs and cancellations 15,900 - 46,800 - Net sales 115,400 - 23,700 - Sales next marketing year 56,900 2,194,70106,600 1,818,900 Net sales of Upland totaling 23,700 RB for 2024/2025 were down 13 percent from the previous week and 66 percent from the prior 4-week average. Increases primarily for Vietnam (19,600 RB, including 500 RB switched from South Korea and 100 RB switched from Hong Kong), Bangladesh (17,200 RB, including decreases of 500 RB), Pakistan (8,500 RB, including decreases of 100 RB), India (7,200 RB), and Mexico (3,700 RB), were offset by reductions primarily for Turkey (41,100 RB), South Korea (400 RB), China (400 RB), Ecuador (100 RB), and Hong Kong (100 RB). Net sales of 106,600 RB for 2025/2026 primarily for Mexico (50,600 RB), Vietnam (30,800 RB), Malaysia (22,000 RB), and Peru (2,100 RB), were offset by reductions for Honduras (400 RB). Exports of 255,800 RB were up 39 percent from the previous week and 9 percent from the prior 4-week average. The destinations were primarily to Vietnam (65,000 RB), Pakistan (38,700 RB), Turkey (34,100 RB), Bangladesh (30,600 RB), and Mexico (14,600 RB). Net sales reductions of Pima totaling 200 RB for 2024/2025 were down noticeably from the previous week and from the prior 4-week average. Increases primarily for India (200 RB, including decreases of 900 RB) and Indonesia (200 RB, including 100 RB switched from Japan), were more than offset by reductions for Peru (400 RB) and Japan (200 RB). Net sales of Pima totaling 6,300 RB for 2025/2026 were reported for India (5,400 RB) and Pakistan (900 RB). Exports of 10,900 RB were up 37 percent from the previous week and 57 percent from the prior 4-week average. The destinations were primarily to India (5,700 RB), Vietnam (2,300 RB), Thailand (1,000 RB), Egypt (900 RB), and Bangladesh (400 RB). Optional Origin Sales: For 2024/2025, 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 8,300 RB were to Vietnam (5,500 RB) and Bangladesh (2,800 RB). USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports