Weekly Cotton Market Review, selected tables

MP_CN208 10/10/2024 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 Sept Sept Sept Sept 27 Oct Oct 6-12 13-19 20-26 Oct 3 4-10 11-17 Adjusted world price 1/ 57.27 56.00 58.83 61.06 60.81 60.41 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 0.07 0.02 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/ Oct-24 Dec-24 Mar-25 May-25 Jul-25 Oct-25 Average Current Oct 04 73.03 73.27 75.28 76.52 77.12 75.37 66.95 84.35 0.00 Oct 07 73.29 73.53 75.62 76.90 77.56 75.67 67.42 84.85 0.00 Oct 08 72.03 72.27 74.42 75.75 76.53 74.67 66.16 85.10 0.00 Oct 09 72.01 72.25 74.36 75.70 76.49 74.66 66.14 84.00 0.00 Oct 10 - 72.66 74.75 76.11 76.94 75.07 66.55 84.00 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 Oct 04 68.27 66.77 66.77 68.52 66.52 65.77 66.02 66.95 Oct 07 69.03 67.53 67.53 68.78 66.78 66.03 66.28 67.42 Oct 08 67.77 66.27 66.27 67.52 65.52 64.77 65.02 66.16 Oct 09 67.75 66.25 66.25 67.50 65.50 64.75 65.00 66.14 Oct 10 68.16 66.66 66.66 67.91 65.91 65.16 65.41 66.55 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through October Through October 3, 2024 Week Mkt. Yea Week Mkt. Year Outstanding sales - 4,217,00 - 3,983,500 Exports 104,000 1,606,8095,100 1,161,000 Total export commitments - 5,823,80 - 5,144,500 New sales 61,400 - 103,100 . Buy-backs and cancellations 18,000 - 13,500 - Net sales 43,400 - 89,600 - Sales next marketing year 0 405,200 13,200 411,300 Net sales of Upland totaling 89,600 RB for 2024/2025 were down 7 percent from the previous week and 12 percent from the prior 4-week average. Increases primarily for Vietnam (56,600 RB), Mexico (11,700 RB), Pakistan (10,100 RB), Turkey (9,200 RB), and Nicaragua (4,300 RB), were offset by reductions for China (8,000 RB), India (1,800 RB), and Japan (300 RB). Total net sales of 13,200 RB for 2025/2026 were for Turkey. Exports of 95,100 RB were down 11 percent from the previous week and 13 percent from the prior 4-week average. The destinations were primarily to Pakistan (24,700 RB), Mexico (13,600 RB), Honduras (9,300 RB), Guatemala (7,100 RB), and Vietnam (6,800 RB). Net sales of Pima totaling 9,100 RB for 2024/2025 were down 4 percent from the previous week and 19 percent from the prior 4-week average. Increases primarily for India (4,100 RB, including decreases of 100 RB), China (3,100 RB), Colombia (1,200 RB), Turkey (500 RB), and Guatemala (200 RB), were offset by reductionsfor Japan (100 RB). Exports of 6,500 RB were unchanged from the previous week but up 2 percent from the prior 4-week average. The destinations were primarily to India (2,600 RB), China (2,200 RB), Pakistan (700 RB), Bahrain (400 RB), and Japan (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, the current exports for own account outstanding balance of 8,400 RB is for China. USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports