MP_CN208 2/14/2019 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 2018-2019 Jan Jan Jan Feb Feb Feb 11-17 18-24 25-31 1-7 8-14 15-21 Adjusted world price 1/ 0.00 0.00 64.90 65.07 64.61 62.27 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 0.14 0.02 0.13 0.23 Fine count adjustment 20 0.00 0.00 0.19 0.07 0.18 0.28 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/ Mar-19 May-19 Jul-19 Oct-19 Dec-19 Mar-20 Average Current 0 Feb 08 72.55 73.69 75.01 74.31 73.93 75.24 67.98 82.05 0.00 Feb 11 70.55 71.76 73.13 72.95 72.70 73.94 65.98 81.80 0.00 Feb 12 69.78 71.11 72.44 72.60 72.37 73.52 65.21 79.90 0.00 Feb 13 69.86 71.40 72.74 72.81 72.62 73.78 65.15 79.40 0.00 Feb 14 70.13 71.71 73.07 73.11 72.71 73.90 66.03 79.65 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 Feb 08 70.05 69.30 69.30 67.30 67.30 66.05 66.55 67.98 Feb 11 68.05 67.30 67.30 65.30 65.30 64.05 64.55 65.98 Feb 12 67.28 66.53 66.53 64.53 64.53 63.28 63.78 65.21 Feb 13 67.36 66.11 66.11 64.61 64.61 63.36 63.86 65.15 Feb 14 68.46 67.21 67.21 65.21 65.21 64.21 64.71 66.03 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. Marketing Years 2017-2018 2018-2019 Description Through January Through January 3, 2019 Week Mkt. Yea Week Mkt. Year Outstanding sales - 7,532,90 - 7,305,900 Exports 281,600 3,518,10181,100 3,572,900 Total export commitments - 11,051,0 - 10,878,800 New sales 281,100 - 309,700 - Buy-backs and cancellations 6,600 - 9,900 - Net sales 274,500 - 299,800 - Sales next marketing year 92,900 1,330,10 19,400 2,113,600 Net sales of 299,800 RB for 2018/2019 were up 31 percent from the previous week and 52 percent f USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports