MP_CN208 5/8/2025 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 Apr Apr Apr Apr 25 May May 4-10 11-17 18-24 May 1 2-8 9-15 Adjusted world price 1/ 55.22 53.10 53.43 54.88 54.94 54.81 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 May 02 70.18 68.41 69.91 69.71 70.85 71.78 65.48 77.25 0.00 May 05 70.35 68.42 70.07 69.98 71.14 72.06 65.49 - 0.00 May 06 71.94 67.83 69.66 69.52 70.67 71.60 64.90 80.00 0.00 May 07 70.47 67.38 69.40 69.25 70.45 71.36 64.49 79.45 0.00 May 08 - 66.69 68.91 68.75 69.99 70.90 63.80 78.95 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 May 02 67.41 66.66 66.66 64.41 64.66 64.16 64.41 65.48 May 05 67.42 66.67 66.67 64.42 64.67 64.17 64.42 65.49 May 06 66.83 66.08 66.08 63.83 64.08 63.58 63.83 64.90 May 07 66.38 65.63 65.63 63.38 63.63 63.38 63.38 64.49 May 08 65.69 64.94 64.94 62.69 62.94 62.69 62.69 63.80 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through May 2, 2Through May 1, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 3,321,40 - 2,891,000 Exports 249,600 8,323,90394,900 8,142,300 Total export commitments - 11,645,3 - 11,033,300 New sales 261,700 - 87,300 . Buy-backs and cancellations 8,100 - 21,600 - Net sales 253,700 - 65,800 - Sales next marketing year 158,900 1,460,40 37,400 1,242,200 Net sales of Upland totaling 65,800 RB for 2024/2025 were down 39 percent from the previous week and 50 percent from the prior 4-week average. Increases primarily for Vietnam (30,500 RB, including 900 RB switched from Malaysia, 500 RB switched from South Korea, 400 RB switched from Hong Kong, 200 RB switched from Japan, and decreases of 100 RB), Turkey (16,200 RB, including decreases of 100 RB), India (9,300 RB), Indonesia (4,700 RB, including 500 RB switched from Vietnam and 200 RB switched from South Korea), and Bangladesh (3,000 RB, including decreases of 100 RB), were offset by reductions for Pakistan (4,100 RB), China (1,200 RB), Malaysia (900 RB), and Japan (300 RB). Net sales of 37,400 RB for 2025/2026 reported for Mexico (30,700 RB), Indonesia (11,500 RB), Pakistan (2,200 RB), and Venezuela (1,800 RB), were offset by reductions for China (8,800 RB). Exports of 394,900 RB were up 8 percent from the previous week and 16 percent from the prior 4-week average. The destinations were primarily to Vietnam (117,300 RB), Pakistan (88,800 RB), Turkey (78,500 RB), Bangladesh (34,400 RB), and Indonesia (11,500 RB). Net sales of Pima totaling 27,100 RB for 2024/2025--a marketing-year high--were up noticeably from the previous week and from the prior 4-week average. Increases primarily for Vietnam (16,900 RB, including 100 RB switched from Hong Kong), India (6,200 RB), Pakistan (1,100 RB), Costa Rica (900 RB), and Peru (900 RB), were offset by reductions for Hong Kong (100 RB) and Turkey (100 RB). Exports of 14,400 RB were up noticeably from the previous week and up 75 percent from the prior 4-week average. The destinations were primarily to Vietnam (6,100 RB), India (5,400 RB), Turkey (1,000 RB), Pakistan (900 RB), and Slovenia (200 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 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