MP_CN208
4/15/2021 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 26 Apr Apr Apr
12-18 19-25 April 1 2-8 9-15 16-22
Adjusted world price 1/ 70.70 71.45 68.55 65.59 64.92 68.16
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 0.95 0.88 0.88 0.59 0.38 0.48
Fine count adjustment 20 0.90 0.83 0.83 0.54 0.33 0.43
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 09 82.40 83.74 82.26 81.78 81.59 81.60 77.94 88.50 0.00
Apr 12 80.14 81.51 80.92 80.44 80.33 80.39 75.68 89.50 0.00
Apr 13 81.82 83.19 81.91 81.46 81.41 81.43 77.36 87.40 0.00
Apr 14 84.20 85.52 83.24 82.71 82.56 82.35 79.74 89.10 0.00
Apr 15 85.02 86.26 84.03 83.08 82.76 82.29 80.56 91.50 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
Apr 09 81.15 80.15 80.15 77.40 77.40 74.40 74.90 77.94
Apr 12 78.89 77.89 77.89 75.14 75.14 72.14 72.64 75.68
Apr 13 80.57 79.57 79.57 76.82 76.82 73.82 74.32 77.36
Apr 14 82.95 81.95 81.95 79.20 79.20 76.20 76.70 79.74
Apr 15 83.77 82.77 82.77 80.02 80.02 77.02 77.52 80.56
Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News.
0
2019-2020 2020-2021
Description Through April 9,Through April 8, 2021
Week Mkt. Yea Week Mkt. Year
Outstanding sales - 5,677,60 - 4,812,700
Exports 312,000 9,425,90313,200 10,156,500
Total export commitments - 15,103,5 - 14,969,200
New sales 148,600 - 124,900 -
Buy-backs and cancellations 332,400 - 2,700 -
Net sales -183,800 - 122,300 -
Sales next marketing year 71,800 2,185,70 22,800 1,614,700
Net sales of 122,300 RB for 2020/2021 were down 55 percent from the previous week and 54 percent
from the prior 4-week average. Increases primarily for Turkey (29,400 RB), Pakistan (21,800 RB,
including 1,500 RB switched from the United Arab Emirates), Vietnam (20,500 RB, including 5,200 RB
switched from China and 600 RB switched from South Korea), Bangladesh (12,300 RB), and Indonesia
(9,600 RB), were offset by reductions for the United Arab Emirates (1,500 RB) and South Korea (600 RB).
For 2021/2022, net sales of 22,800 RB were reported for Guatemala (19,300 RB) and Thailand (3,500 RB).
Exports of 313,200 RB were down 16 percent from the previous week and 8 percent from the prior 4-week
average. Exports were primarily to Vietnam (92,500 RB), Pakistan (61,400 RB), China (38,800 RB),
Turkey (37,100 RB), and Bangladesh (28,500 RB). Net sales of Pima totaling 3,100 RB--a marketing-year
low--were down 58 percent from the previous week and 51 percent from the prior 4-week average.
Increases were reported for South Korea (1,400 RB), Peru (1,200 RB), Pakistan (400 RB), and Guatemala
(100 RB). Exports of 16,400 RB were down 24 percent from the previous week, but up 18 percent from
the prior 4-week average. The destinations were primarily to India (7,600 RB), China (2,700 RB),
Honduras (1,700 RB), Vietnam (1,500 RB), and Egypt (1,300 RB).
Exports for Own Account: For 2020/2021, new exports for own account totaling 200 RB were to China.
Exports for own account totaling 2,500 RB primarily to Vietnam (1,900 RB) were applied to new or
outstanding sales. The current exports for own account outstanding balance of 29,200 RB is for China
(22,800 RB), Vietnam (5,800 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