MP_CN208 2/20/2025 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 Jan Jan Jan 31 Feb Feb Feb 17-23 24-30 Feb 6 7-13 14-20 21-27 Adjusted world price 1/ 53.98 53.71 54.02 53.18 53.99 54.67 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 0.10 0.26 0.39 0.16 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/ Mar-25 May-25 Jul-25 Oct-25 Dec-25 Mar-26 Average Current Feb 14 67.11 68.31 69.11 69.68 69.39 70.42 64.95 78.55 0.00 Feb 17 Holiday 0.00 Holiday 0.00 Holiday 0.00 Holiday 78.80 0.00 Feb 18 67.51 68.82 69.69 70.19 69.87 70.86 65.43 78.80 0.00 Feb 19 66.24 67.68 68.67 69.26 69.27 70.41 64.11 79.40 0.00 Feb 20 65.97 67.47 68.47 69.36 69.16 70.20 63.90 78.30 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 Feb 14 67.31 66.31 66.31 62.81 64.56 63.56 63.81 64.95 Feb 17 Holiday 0.00 Holiday 0.00 Holiday 0.00 Holiday Holiday Feb 18 67.82 66.82 66.82 63.32 64.82 64.07 64.32 65.43 Feb 19 66.68 65.68 65.68 62.18 62.93 62.68 62.93 64.11 Feb 20 66.47 65.47 65.47 61.97 62.72 62.47 62.72 63.90 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through FebruaryThrough February 13, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 5,361,10 - 5,202,800 Exports 255,500 5,076,30298,300 4,240,600 Total export commitments - 10,437,4 - 9,443,400 New sales 169,700 - 316,100 . Buy-backs and cancellations 39,200 - 3,600 - Net sales 130,500 - 312,500 - Sales next marketing year 58,100 808,900 34,300 661,300 Net sales of Upland totaling 312,500 RB for 2024/2025 were up 28 percent from the previous week and 18 percent from the prior 4-week average. Increases primarily for Vietnam (109,400 RB, including 1,100 RB switched from South Korea and decreases of 200 RB), Pakistan (64,800 RB, including 400 RB switched from Vietnam), Turkey (51,000 RB), China (41,400 RB, including decreases of 2,400 RB), and South Korea (9,800 RB, including decreases of 100 RB), were offset by reductions for Japan (900 RB). Net sales of 34,300 RB for 2025/2026 were reported for Bangladesh (33,000 RB) and Vietnam (1,300 RB). Exports of 298,300 RB--a marketing-year high--were up 14 percent from the previous week and 39 percent from the prior 4-week average. The destinations were primarily to Vietnam (85,100 RB), Pakistan (49,700 RB), Turkey (49,400 RB), China (16,400 RB), and India (15,100 RB). Net sales of Pima totaling 17,300 RB for 2024/2025 were up noticeably from the previous week and from the prior 4-week average. Increases were primarily for India (6,700 RB), Vietnam (4,600 RB), China (4,400 RB), Peru (900 RB), and Guatemala (400 RB). Total net sales of 1,000 RB for 2025/2026 were for Italy. Exports of 6,500 RB were up noticeably from the previous week, but down 7 percent from the prior 4-week average. The destinations were primarily to Vietnam (2,800 RB), Egypt (1,000 RB), India (800 RB), Thailand (700 RB), and Peru (700 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 5,700 RB, all China. USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports