USDA U.S. Department of Agriculture - March 13, 2025
0
MP_CN002 Memphis, TN Cotton and Tobacco Progr 13-Mar-25
Spot quotations and differences are for cotton equal to the official standards, net weight, in mixed lots. Upland quotations are
FOB car/truck, which includes compression and any brokerage charges. The upland base quality is color 41, leaf grade 4,
staple 34 (1.05 to 1.07), mike 3.5, 3.6 and 4.3 to 4.9, strength 27.0 to 28.9 grams per tex and uniformity 81.0 to 81.9.
American Pima quotations are UD free, FOB warehouse, and brokerage fees included.
UPLAND SPOT PRICE QUOTATIONS SPOT TRANSACTIONS
Color 41 Color 31 Number of bales provided
Growth Basis Leaf 4 Leaf 3 to Cotton Program
Area ICE Futures Staple 34Staple 35 Today Season
Points Month cents/lb.cents/lb. bales bales
Southeast -100 May-25 65.53 70.28 0 38,799
North Delta -200 May-25 64.53 66.53 0 22,559
South Delta -200 May-25 64.53 67.03 385 7,764
East TX-South TX -525 May-25 61.28 65.53 25 126,587
West TX-KS-OK -425 May-25 62.28 64.78 4,802 587,071
Desert SW -500 May-25 61.53 64.78 0 8,406
SJ Valley -475 May-25 61.78 70.68 0 0
Upland total
Average -346 May-25 63.07 67.09 5,212 791,186
Previous -346 May-25 63.52 67.54
AMERICAN PIMA SPOT PRICE QUOTATIONS
Grade 2 Grade 3 Grade 3 SPOT TRANSACTIONS
Staple 46Staple 44Staple 46
AP total
American Pima 149.00 130.50 138.25 0 11,953
NEW YORK FUTURES - CONTRACT NO. 2 2/ 7-MARKET AVERAGE
COLOR 41 LEAF 4, STAPLE 34, MIKE 35-49, BASE QUOTATIONS
STRENGTH 25 OR GREATER. FOR UPLAND COTTON
Month Cents per pound Season high
Today Previous Change 9/24/2024 67.70
May-25 66.53 66.98 -0.45 Season low
Jul-25 67.70 68.16 -0.46 8/6/2024 58.84
Oct-25 69.57 69.92 -0.35
Dec-25 69.20 69.65 -0.45 EFFECTIVE Mar 07 - Mar 13
Mar-26 70.20 70.64 -0.44 AWP 51.88
May-26 70.86 71.27 -0.41 CC ADJ. 0.00
Jul-26 71.15 71.54 -0.39 FC ADJ. - 2 0.00
Oct-26 69.22 69.50 -0.28 FC ADJ. - 2 0.00
Dec-26 68.45 68.50 -0.05 LDP 0.12
Mar-27 69.40 69.35 0.05
EFFECTIVE Mar 07 - Mar 13
PCP 0.00
AVERAGE PREMIUMS AND DISCOUNTS - TENDERABLE QUALITIES 3/
COLOR COLOR COLOR COLOR COLOR
11 21 31 41 51
STAPLE 33
LEAF 1 & 2 -130 -130 -200 -330 -540
3 -150 -150 -210 -335 -550
4 -255 -255 -295 -415 -580
5 -365 -365 -410 -550 -735
STAPLE 34
LEAF 1 & 2 180 180 120 45 -270
3 140 140 100 30 -295
4 65 65 55 0 -360
5 -125 -125 -155 -310 -525
STAPLE 35
LEAF 1 & 2 420 420 380 165 -180
3 365 365 340 142 -195
4 230 230 200 82 -290
5 20 20 -25 -211 -460
Staple 36
Leaf 1 & 2 655 655 608 317 -143
3 625 625 580 269 -153
4 367 367 320 179 -250
5 110 110 40 -139 -425
Staple 37
Leaf 1 & 2 735 735 668 344 -136
3 694 694 635 301 -151
4 399 399 372 211 -233
5 162 162 94 -112 -405
COLOR COLOR COLOR
12 22 32
STAPLE 33
LEAF 1 & 2 -235 -235 -380
3 -255 -255 -400
4
5
STAPLE 34
LEAF 1 & 2 65 65 -110
3 50 50 -135
4
5
STAPLE 35
LEAF 1 & 2 200 200 10
3 160 160 -10
4
5
Staple 36
Leaf 1 & 2 310 310 67
3 265 265 47
4
5
Staple 37
Leaf 1 & 2 372 372 99
3 317 317 74
4 0NOT TENDE 0
5 0NOT TENDE 0
1/ Settlement prices provided by ICE Futures US. 2/ The average of the
differences from the Southeast, North and South Delta average, East Texas-South Texas,
West Texas-Kansas-Oklahoma, and Desert Southwest markets.
Cotton and Tobacco Program, Market News Division
3275 Appling Rd
Memphis, TN 38133
(901) 384-3016
www.ams.usda.gov/mnreports/mp_cn002.txt
