MP_CN208 4/24/2025 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 Mar Mar 28 Apr Apr Apr Apr 25 21-27 Apr 3 4-10 11-17 18-24 May 1 Adjusted world price 1/ 54.63 53.66 55.22 53.10 53.43 54.88 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/ May-25 Jul-25 Oct-25 Dec-25 Mar-26 May-26 Average Current Apr 18 0.00 Holiday 0.00 Holiday 0.00 Holiday 0.00 - 0.00 Apr 21 65.77 66.82 68.71 68.30 69.43 70.33 63.89 - 0.00 Apr 22 67.04 67.22 69.06 68.71 69.82 70.70 64.29 78.10 0.00 Apr 23 68.75 69.03 70.39 69.97 71.04 71.88 66.07 78.55 0.00 Apr 24 67.30 69.17 70.71 70.37 71.42 72.24 66.17 80.30 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 Apr 18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Apr 21 66.07 65.07 65.07 62.57 63.07 62.57 62.82 63.89 Apr 22 66.47 65.47 65.47 62.97 63.47 62.97 63.22 64.29 Apr 23 68.03 67.28 67.28 64.78 65.28 64.78 65.03 66.07 Apr 24 68.17 67.42 67.42 64.92 65.17 64.92 65.17 66.17 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through April 18Through April 17, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 3,400,00 - 3,477,700 Exports 261,700 7,894,30292,200 7,381,400 Total export commitments - 11,294,3 - 10,859,100 New sales 180,000 - 108,900 . Buy-backs and cancellations 2,900 - 4,900 - Net sales 177,100 - 104,000 - Sales next marketing year 65,700 1,267,10 38,000 1,171,900 Net sales of Upland totaling 104,000 RB for 2024/2025 were down 49 percent from the previous week and 22 percent from the prior 4-week average. Increases primarily for Vietnam (34,400 RB, including 2,000 RB switched from China, 1,800 RB switched from Hong Kong, 100 RB switched from South Korea, and decreases of 300 RB), India (22,500 RB), Pakistan (16,500 RB), Turkey (15,400 RB), and Bangladesh (6,700 RB, including decreases of 200 RB), were offset by reductions for China (5,300 RB), Hong Kong (1,900 RB), South Korea (200 RB), and Mexico (100 RB). Net sales of 38,000 RB for 2025/2026 were primarily for Indonesia (13,200 RB), Peru (9,700 RB), Honduras (9,300 RB), Vietnam (4,200 RB), and Nicaragua (1,500 RB). Exports of 292,200 RB were down 11 percent from the previous week and 22 percent from the prior 4-week average. The destinations were primarily to Vietnam (92,200 RB), Pakistan (59,300 RB), Turkey (55,200 RB), Bangladesh (23,900 RB), and Peru (11,700 RB). Net sales of Pima totaling 5,800 RB for 2024/2025 were up noticeably from the previous week, but down 31 percent from the prior 4-week average. Increases primarily for Pakistan (1,300 RB), India (1,300 RB), Peru (700 RB), Turkey (700 RB), and Vietnam (600 RB), were offset by reductions for Hong Kong (300 RB). Exports of 14,400 RB were up noticeably from the previous week and up 41 percent from the prior 4-week average. The destinations were primarily to India (7,400 RB), Peru (2,800 RB), Vietnam (1,900 RB), Bangladesh (900 RB), and Turkey (300 RB). Optional Origin Sales: For 2024/2025, the current outstanding balance of 8,800 RB, all Pakistan. Exports for Own Account: For 2024/2025, new exports for own account totaling 200 RB were to Vietnam. Decreases of 5,200 RB were for China. 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