MP_CN208 10/10/2019 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 2019-2020 Sept Sept Sept Sept 27 Oct Oct 6-12 13-19 20-26 Oct 3 4-10 11-17 Adjusted world price 1/ 51.57 52.28 54.62 53.19 53.36 53.90 Course count adjustment 0.00 0.00 0.00 0.00 0.00 0.00 Loan Deficiency Payment 0.43 0.00 0.00 0.00 0.00 0.00 Fine count adjustment 20 0.08 0.08 0.04 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. 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-19 Dec-19 Mar-20 May-20 Jul-20 Oct-20 Average Current Oct 60.59 61.67 62.42 63.26 63.95 64.21 58.81 72.25 0.00 Oct 60.75 61.83 62.57 63.43 64.10 64.25 58.97 72.25 0.00 Oct 60.24 61.32 62.03 62.75 63.34 63.54 58.46 72.25 0.00 Oct 61.01 62.09 62.80 63.51 64.07 64.23 59.23 71.75 0.00 Oct 61.42 62.08 62.73 63.28 63.48 58.56 72.50 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 Oct 62.17 61.17 61.17 58.17 57.67 55.42 55.92 58.81 Oct 62.33 61.33 61.33 58.33 57.83 55.58 56.08 58.97 Oct 61.82 60.82 60.82 57.82 57.32 55.07 55.57 58.46 Oct 62.59 61.59 61.59 58.59 58.09 55.84 56.34 59.23 Oct 61.92 60.92 60.92 57.92 57.42 55.17 55.67 58.56 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. . 2018-2019 2019-2020 Description Through October Through October 3, 2019 Week Mkt. Yea Week Mkt. Year Outstanding sales - 7,520,90 - 7,024,000 Exports 208,400 1,602,40149,100 1,905,200 Total export commitments - 9,123,30 - 8,929,200 New sales 183,000 - 198,600 - Buy-backs and cancellations 85,000 - 9,800 - Net sales 98,000 - 188,800 - Sales next marketing year 142,900 1,713,10 -5,300 696,100 Net sales of 188,800 RB for 2019/2020 were up 6 percent from the previous week and 53 percent fr USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports