MP_CN208 11/14/2024 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 Oct Oct Oct Nov Nov Nov 11-17 18-24 25-31 1-7 8-14 15-21 Adjusted world price 1/ 60.41 59.24 59.28 58.54 57.96 58.20 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 0.02 0.11 0.24 0.23 0.29 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/ Dec-24 Mar-25 May-25 Jul-25 Oct-25 Dec-25 Average Current Nov 08 70.98 73.25 74.59 75.76 74.57 73.23 66.02 83.35 0.00 Nov 11 69.69 72.20 73.55 74.78 73.72 72.72 64.73 83.25 0.00 Nov 12 68.77 71.07 72.40 73.65 72.87 71.97 63.81 82.25 0.00 Nov 13 68.90 71.10 72.38 73.57 72.88 72.04 64.01 81.30 0.00 Nov 14 68.32 70.56 71.86 73.06 72.36 71.63 63.57 81.35 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 Nov 08 67.98 66.73 66.73 65.98 65.48 64.48 64.73 66.02 Nov 11 66.69 65.44 65.44 64.69 64.19 63.19 63.44 64.73 Nov 12 65.77 64.52 64.52 63.77 63.27 62.27 62.52 63.81 Nov 13 65.90 64.65 64.65 64.15 63.65 62.40 62.65 64.01 Nov 14 65.82 64.32 64.32 63.57 63.07 61.82 62.07 63.57 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through NovemberThrough November 7, 2024 Week Mkt. Yea Week Mkt. Year Outstanding sales - 5,111,40 - 4,336,300 Exports 112,900 2,150,40112,000 1,709,400 Total export commitments - 7,261,80 - 6,045,700 New sales 331,300 - 157,100 . Buy-backs and cancellations 3,000 - 3,800 - Net sales 328,300 - 153,300 - Sales next marketing year 30,400 575,400 1,000 412,200 Net sales of Upland totaling 153,300 RB for 2024/2025 were down 33 percent from the previous week and 18 percent from the prior 4-week average. Increases were primarily for Turkey (41,500 RB), Pakistan (40,000 RB), China (19,000 RB), Vietnam (18,900 RB, including 200 RB switched from Indonesia and decreases of 2,600 RB), and South Korea (12,200 RB). Total net sales of 1,000 RB for 2025/2026 were for Mexico. Exports of 112,000 RB were down 23 percent from the previous week, but up 3 percent from the prior 4-week average. The destinations were primarily to Pakistan (51,000 RB), Mexico (14,000 RB), Vietnam (12,900 RB), Bangladesh (8,300 RB), and El Salvador (3,400 RB). Net sales of Pima totaling 4,900 RB for 2024/2025 were down 60 percent from the previous week and 37 percent from the prior 4-week average. Increases primarily for India (2,300 RB), Vietnam (1,700 RB, including 400 RB switched from Hong Kong), Peru (400 RB), Turkey (400 RB), and Italy (200 RB), were offset by reductions for Hong Kong (400 RB). Exports of 9,500 RB were up 27 percent from the previous week and 15 percent from the prior 4-week average. The destinations were to India (6,700 RB), China (1,600 RB), Thailand (400 RB), Pakistan (400 RB), and Vietnam (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 8,400 RB, all China. USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports