Weekly Cotton Market Review, selected tables
MP_CN208
8/6/2020        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 and 2020-2021
                        July    July    July    July    July 31   Aug
                         3-9     10-16   17-23   24-30   Aug 6    7-13

Adjusted world price 1/  50.13   51.48   50.26   49.04   47.71   49.44
Course count adjustment   0.00    0.00    0.00    0.00    0.00    0.00
Loan Deficiency Payment   1.87    0.52    1.74    2.96    4.29    2.56
Fine count adjustment 20  0.00    0.53    0.87    0.74    0.51    0.42
Fine count adjustment 20  0.00    0.38    0.72    0.59    0.36    0.37
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-20 Dec-20  Mar-21  May-21  Jul-21  Oct-21  Average Current

Jul  31  62.30   62.66   63.25   63.72   64.13   62.98   58.01   68.55   70.05
Aug 03   63.53   63.87   64.54   64.95   65.25   63.81   59.24   69.55     -
Aug 04   63.93   64.01   64.71   65.12   65.39   63.77   59.64   70.35     -
Aug 05   64.36   64.46   65.13   65.51   65.76   64.34   59.72   70.35     -
Aug 06   64.41   64.85   65.49   65.89   66.13   64.71   59.77   70.85     -
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

Jul  31  60.30   59.30   59.30   57.80   57.80   55.55   56.05   58.01
Aug 03   61.53   60.53   60.53   59.03   59.03   56.78   57.28   59.24
Aug 04   61.93   60.93   60.93   59.43   59.43   57.18   57.68   59.64
Aug 05   61.86   60.86   60.86   59.36   59.36   57.61   58.11   59.72
Aug 06   61.91   60.91   60.91   59.41   59.41   57.66   58.16   59.77
Source:  USDA, AMS, Cotton and Tobacco Program, Cotton Market News.


                                           0
                                        2018-2019       2019-2020
Description                             Through August 1Through July 30, 2020
                                          Week  Mkt. Yea  Week  Mkt. Year
Outstanding sales                          -    7,372,80   -    2,925,400
Exports                                 72,800   72,800 346,800 14,131,000
   Total export commitments                -    7,445,60   -    17,056,400
New sales                               181,200    -      900      -
Buy-backs and cancellations              1,700     -    69,400     -
   Net sales                            179,500    -    -68,500    -
Sales next marketing year                  0    288,200 130,800 3,677,000

Net sales reductions of 68,500 RB for 2019/2020 were down noticeably from the previous week and


USDA, AMS Cotton and Tobacco Program, Cotton Market News Division
3275 Appling Rd
Memphis, TN  38133
www.ams.usda.gov/cnmnreports