MP_CN208 8/1/2025 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 June 27 July 3 July July July August July 3 4-10 11-17 18-24 25-31 1-7 Adjusted world price 1/ 54.18 55.34 54.71 54.72 54.95 54.52 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/ Oct-25 Dec-25 Mar-26 May-26 Jul-26 Oct-26 Average Current July 25 67.01 68.23 69.65 70.71 71.46 70.19 64.30 79.20 0.00 July 28 67.40 68.34 69.76 70.86 71.62 70.31 64.69 78.70 0.00 July 29 66.30 67.67 69.05 70.18 71.00 69.81 63.59 78.80 0.00 July 30 65.90 67.50 68.84 69.95 70.77 69.56 63.19 78.20 0.00 July 31 65.61 67.25 68.60 69.74 70.57 69.47 62.86 77.95 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 July 25 66.26 65.76 65.76 63.01 63.01 62.76 63.51 64.30 July 28 66.65 66.15 66.15 63.40 63.40 63.15 63.90 64.69 July 29 65.55 65.05 65.05 62.30 62.30 62.05 62.80 63.59 July 30 65.15 64.65 64.65 61.90 61.90 61.65 62.40 63.19 July 31 64.61 64.36 64.36 61.61 61.61 61.36 62.11 62.86 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through July 25,Through July 24, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 1,527,20 - 797,900 Exports 129,900 10,332,3230,900 11,008,800 Total export commitments - 11,859,5 - 11,806,700 New sales 16,400 - 50,900 . Buy-backs and cancellations 1,102,20 - 11,800 - Net sales -1,085,8 - 39,100 - Sales next marketing year 1,355,704,071,40 71,700 2,177,700 Net sales of Upland totaling 39,100 RB for 2024/2025 were down noticeably from the previous week, but up noticeably from the prior 4-week average. Increases primarily for Vietnam (27,100 RB, including 1,100 RB switched from South Korea, 300 RB switched from Hong Kong, and decreases of 100 RB), Turkey (13,200 RB), Pakistan (5,800 RB, including decreases of 500 RB), Bangladesh (3,000 RB, including decreases of 100 RB), and Honduras (1,200 RB), were offset by reductions primarily for Thailand (9,000 RB), South Korea (1,100 RB), Mexico (700 RB), Ecuador (600 RB), and Hong Kong (300 RB). Net sales of 71,700 RB for 2025/2026 were primarily for Vietnam (27,400 RB), Honduras (13,800 RB), Pakistan (5,900 RB), Turkey (5,400 RB), and India (5,100 RB). Exports of 230,900 RB were up 25 percent from the previous week and 10 percent from the prior 4-week average. The destinations were primarily to Vietnam (66,400 RB), Turkey (44,400 RB), Pakistan (32,300 RB), Bangladesh (30,500 RB), and India (16,600 RB). Net sales of Pima totaling 100 RB for 2024/2025 were down 98 percent from the previous week and 97 percent from the prior 4-week average. Increases reported for Pakistan (1,400 RB), were offset by reductions for India (1,300 RB). Net sales of 5,000 RB for 2025/2026 were primarily for China (1,700 RB), Bangladesh (1,400 RB), India (900 RB), Indonesia (300 RB), and Bahrain (200 RB). Exports of 8,700 RB were up 73 percent from the previous week, but down 17 percent from the prior 4-week average. The destinations were primarily to India (4,700 RB), China (1,300 RB), Pakistan (1,000 RB), Egypt (900 RB), and Thailand (400 RB). Optional Origin Sales: For 2024/2025, options were exercised to export 8,400 RB to Pakistan from the United States. Exports for Own Account: For 2024/2025, new exports for own account totaling 2,300 RB were to Vietnam. Exports for own account totaling 32,100 RB to Turkey (14,600 RB), Vietnam (11,900 RB), and Pakistan (5,600 RB) were applied to new or outstanding sales. The current exports for own account outstanding balance of 11,500 RB were to Vietnam (7,800 RB), Bangladesh (2,800 RB), and Pakistan (900 RB).