MP_CN208 1/16/2025 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, Frida 2024-2025 Dec Dec Dec 27 Jan Jan Jan 13-19 20-26 Jan 2 3-9 10-16 17-23 Adjusted world price 1/ 56.22 55.09 54.55 55.03 54.66 53.98 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 0.32 0.31 0.36 0.40 0.28 0.10 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 Jan 10 67.01 68.26 69.37 68.44 68.86 69.69 62.87 78.95 0.00 Jan 13 67.64 68.87 69.93 69.11 69.49 70.32 63.53 77.45 0.00 Jan 14 67.50 68.70 69.72 68.91 69.29 70.15 63.39 78.00 0.00 Jan 15 67.77 68.92 69.92 69.00 69.44 70.34 63.70 77.85 0.00 Jan 16 66.73 67.85 68.88 68.11 68.53 69.55 62.66 78.15 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 Jan 10 65.76 64.51 64.51 61.26 62.26 60.76 61.01 62.87 Jan 13 66.39 65.14 65.14 61.89 63.14 61.39 61.64 63.53 Jan 14 66.25 65.00 65.00 61.75 63.00 61.25 61.50 63.39 Jan 15 66.27 65.27 65.27 62.02 63.27 61.77 62.02 63.70 Jan 16 65.23 64.23 64.23 60.98 62.23 60.73 60.98 62.66 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through January Through January 9, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 5,548,70 - 4,984,100 Exports 257,700 3,757,30224,800 3,084,200 Total export commitments - 9,306,00 - 8,068,300 New sales 422,700 - 320,400 . Buy-backs and cancellations 2,700 - 4,100 - Net sales 420,000 - 316,200 - Sales next marketing year 17,600 683,300 1,300 474,500 Net sales of Upland totaling 316,200 RB for 2024/2025 were up noticeably from the previous week and up 71 percent from the prior 4-week average. Increases primarily for Turkey (102,100 RB), Vietnam (79,400 RB, including 1,300 RB switched from South Korea and decreases of 500 RB), Pakistan (56,600 RB), Bangladesh (24,100 RB), and China (18,700 RB), were offset by reductions for Japan (1,100 RB). Total net sales of 1,300 RB for 2025/2026 were for Mexico. Exports of 224,800 RB--a marketing-year high--were up 17 percent from the previous week and 56 percent from the prior 4-week average. The destinations were primarily to Vietnam (84,000 RB), Pakistan (33,800 RB), China (25,000 RB), Turkey (17,700 RB), and Mexico (12,500 RB). Net sales of Pima totaling 2,900 RB for 2024/2025 were down 55 percent from the previous week, but up 5 percent from the prior 4-week average. Increases were reported for Peru (1,000 RB), India (800 RB), Pakistan (600 RB), Turkey (400 RB), and Guatemala (100 RB). Exports of 8,300 RB were unchanged from the previous week, but down 17 percent from the prior 4-week average. The destinations were primarily to India (5,900 RB), Peru (1,700 RB), Thailand (300 RB), and Turkey (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, exports for own account totaling 700 RB to China were applied to new or outstanding sales. 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