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