USDA U.S. Department of Agriculture - September 26, 2025
MP_CN208
9/25/2025 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, Friday
2025-2026
August August 2 Sept Sept Sept Sept 26
22-28 Sept 4 5-11 12-18 19-25 Oct 2
Adjusted world price 1/ 55.53 54.94 54.31 54.10 54.79 54.38
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 0.00 0.00 0.00 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.
0
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-25 Dec-25 Mar-26 May-26 Jul-26 Oct-26 Average Current
Sep 19 64.94 66.29 68.28 69.66 70.64 69.68 62.47 78.40 0.00
Sep 22 64.32 66.22 68.18 69.57 70.60 69.69 62.40 77.85 0.00
Sep 23 64.53 66.64 68.56 69.93 70.95 69.97 62.82 77.85 0.00
Sep 24 64.04 66.17 68.11 69.48 70.53 69.61 62.35 78.15 0.00
Sep 25 63.83 66.28 68.19 69.52 70.55 69.62 62.46 77.70 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 DeETX/STX WTX/OK/KDesert SSJ ValleAverage
Sep 19 64.79 64.29 64.29 60.29 60.79 61.29 61.54 62.47
Sep 22 64.72 64.22 64.22 60.22 60.72 61.22 61.47 62.40
Sep 23 65.14 64.64 64.64 60.64 61.14 61.64 61.89 62.82
Sep 24 64.67 64.17 64.17 60.17 60.67 61.17 61.42 62.35
Sep 25 64.78 64.28 64.28 60.28 60.78 61.28 61.53 62.46
Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News.
0
2024-2025 2025-2026
Description Through SeptembeThrough September 18, 2025
Week Mkt. Yea Week Mkt. Year
Outstanding sales - 4,000,20 - 3,137,800
Exports 79,500 958,800 137,200 921,100
Total export commitments - 4,959,00 - 4,058,900
New sales 88,700 - 87,000 .
Buy-backs and cancellations 900 - 900 -
Net sales 87,800 - 86,100 -
Sales next marketing year 0 358,500 0 236,200
Net sales of Upland totaling 86,100 RB for 2025/2026 were down 54 percent from the previous week
and from the prior 4-week average. Increases primarily for India (27,300 RB), Turkey (22,300 RB,
including 3,700 RB switched from Pakistan), Bangladesh (15,400 RB), Vietnam (13,500 RB), and Italy
(4,400 RB), were offset by reductions for Pakistan (3,700 RB) and Peru (100 RB). Exports of 137,200
RB were up 14 percent from the previous week and 6 percent from the prior 4-week average. The
destinations were primarily to Vietnam (41,700 RB), India (21,000 RB), Bangladesh (20,600 RB), Mexico
(8,500 RB), and Turkey (8,500 RB). Net sales of Pima totaling 8,500 RB for 2025/2026 were up 66 percent
from the previous week and up noticeably from the prior 4-week average. Increases were primarily for
Colombia (6,400 RB), Pakistan (900 RB), Bangladesh (800 RB), India (400 RB), and Guatemala (100 RB).
Exports of 5,200 RB were up noticeably from the previous week, but down 22 percent from the prior
4-week average. The destinations were to India (3,300 RB), Peru (1,300 RB), Bangladesh (300 RB), Vietnam
(200 RB), and Indonesia (100 RB).
Exports for Own Account: For 2025/2026, the current outstanding balance of 3,200 RB is all Vietnam.
USDA, AMS Cotton and Tobacco Program, Cotton Market News Division
3275 Appling Rd
Memphis, TN 38133
www.ams.usda.gov/cnmnreports
