MP_CN208
4/8/2021 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
2020-2021
Mar Mar Mar Mar 26 Apr Apr
5-11 12-18 19-25 April 1 2-8 9-15
Adjusted world price 1/ 73.95 70.70 71.45 68.55 65.59 64.92
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 1.15 0.95 0.88 0.88 0.59 0.38
Fine count adjustment 20 1.10 0.90 0.83 0.83 0.54 0.33
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.
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-21 Jul-21 Oct-21 Dec-21 Mar-22 May-22 Average Current
Apr 02Holiday 0.00 Holiday 0.00 Holiday 0.00 Holiday 0.00
Apr 05 77.88 79.18 78.27 77.87 77.74 77.81 73.27 Holiday 0.00
Apr 06 79.22 80.47 79.79 79.41 79.12 79.01 74.61 85.10 0.00
Apr 07 79.50 80.84 80.39 80.04 79.77 79.67 75.04 86.35 0.00
Apr 08 81.41 82.66 81.66 81.12 80.84 80.79 76.95 86.60 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 DeEast TX/West TexDesert SSJ ValleAverage
Apr 02Holiday Holiday Holiday Holiday
Apr 05 76.63 75.63 75.63 72.38 72.38 69.88 70.38 73.27
Apr 06 77.97 76.97 76.97 73.72 73.72 71.22 71.72 74.61
Apr 07 78.25 77.25 77.25 74.50 74.50 71.50 72.00 75.04
Apr 08 80.16 79.16 79.16 76.41 76.41 73.41 73.91 76.95
Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News.
0
2019-2020 2020-2021
Description Through April 2,Through April 1, 2021
Week Mkt. Yea Week Mkt. Year
Outstanding sales - 6,173,30 - 5,003,700
Exports 486,600 9,113,90371,700 9,843,300
Total export commitments - 15,287,2 - 14,847,000
New sales 181,200 - 278,800 -
Buy-backs and cancellations 186,400 - 8,900 -
Net sales -5,200 - 269,900 -
Sales next marketing year 107,400 2,113,90 49,000 1,591,900
Net sales of 269,900 RB for 2020/2021 were up noticeably from the previous week and up
8 percent from the prior 4-week average. Increases primarily for Vietnam (136,200 RB,
including 4,400 RB switched from China and 2,200 RB switched from Hong Kong), Pakistan
(49,900 RB, including decreases of 200 RB), China (31,200 RB, including decreases of 8,300 RB),
Turkey (21,800 RB), and South Korea (7,900 RB), were offset by reductions primarily for
Hong Kong (2,200 RB) and Malaysia (300 RB). For 2021/2022, net sales of 49,000 RB were
primarily for Indonesia (13,200 RB), China (13,200 RB), Turkey (11,800 RB), Pakistan
(5,700 RB), and Mexico (2,600 RB). Exports of 371,700 RB were up 15 percent from the
previous week and 11 percent from the prior 4-week average. Exports were primarily to
Vietnam (121,200 RB), Pakistan (53,000 RB), Turkey (51,300 RB), China (45,800 RB), and
Mexico (16,700 RB). Net sales of Pima totaling 7,500 RB were up 73 percent from the
previous week, but down 2 percent from the prior 4-week average. Increases primarily
for China (4,400 RB), Pakistan (1,500 RB, including 1,100 RB switched from the United
Arab Emirates), India (700 RB, including decreases of 100 RB), Greece (400 RB), and Turkey
(400 RB), were offset by reductions primarily for the United Arab Emirates (1,100 RB)
and Japan (200 RB). Exports of 21,600 RB were up 51 percent from the previous week and
50 percent from the prior 4-week average. The destinations were primarily to India
(7,200 RB), China (4,800 RB), Peru (3,200 RB), Pakistan (2,400 RB), and Austria (900 RB).
Exports for Own Account: For 2020/2021, new exports for own account totaling 2,400 RB
were primarily to Vietnam (1,300 RB) and China (1,000 RB). Exports for own account
totaling 1,100 RB to Vietnam were applied to new or outstanding sales. The current
exports for own account outstanding balance of 31,500 RB is for China (24,600 RB),
Vietnam (6,300 RB), and Bangladesh (600 RB).
USDA, AMS Cotton and Tobacco Program, Cotton Market News Division
3275 Appling Rd
Memphis, TN 38133
www.ams.usda.gov/cnmnreports