Mp_cn206 May 2, 2025 Weekly Cotton Market Review Spot quotations averaged 116 points lower than the previous week, according to the USDA, Agricultural Marketing Service�s Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, leaf 4, staple 34, mike 35-36 and 43-49, strength 27.0 - 28.9, and uniformity 81.0 - 81.9) in the seven designated markets averaged 63.94 cents per pound for the week ending Thursday, May 1, 2025. The weekly average was down from 65.10 cents last week and from 70.35 cents reported the corresponding period a year ago. Daily average quotations ranged from a high of 65.84 cents on Friday, April 25 to a low of 62.70 cents on Thursday, May 1. Spot transactions reported in the Daily Spot Cotton Quotations for the week ended May 1 totaled 16,449 bales. This compares to 38,748 reported last week and 2,079 bales reported the corresponding week a year ago. Total spot transactions for the season were 938,074 bales compared to 816,116 bales the corresponding week a year ago. The ICE July settlement price ended the week at 65.66 cents, compared to 69.17 cents last week. Southeastern Markets Regional Summary Spot cotton trading was moderate. Supplies and offerings were light. Demand was moderate. Average local spot prices were lower. Trading of CCC-loan equities was inactive. Partly cloudy conditions prevailed across the lower Southeast followed by scattered afternoon showers. Daytime high temperatures were in the 80s with nighttime lows in the 50s and 60s. Localized rainfall activity brought trace amounts to around one inch of moisture to portions of northwest Alabama and areas throughout Georgia. Dryness and droughty conditions improved in these areas. Planting activity and fieldwork was underway. Sunny to partly cloudy conditions dominated the weather pattern across the upper Southeast during the period. Daytime high temperatures were mostly in the 80s. Nighttime low temperatures were in the 50s and 60s. Light scattered shower activity brought moisture to portions of eastern South Carolina during the week. Droughty conditions expanded in areas that missed rainfall, according to the U.S. Drought Monitor. Planting activity and fieldwork expanded as dry conditions allowed. Textile Mill Domestic mill buyers inquired for a moderate volume of color 42 and 51, leaf 5, and staple 32 for August through December delivery. No sales were reported. The undertone from mill buyers remained cautious as they balanced raw cotton purchases with yarn orders. Demand through export channels was moderate. Taiwanese mill buyers inquired for a moderate volume of USDA Green Card class, color 31, leaf 3, and staple 36 for prompt shipment. Agents throughout the Far East inquired for any discounted styles of cotton. Trading � A moderate volume of color mostly 41 and 51, leaf 2-4, staple 34-37, mike 43-49, strength 28-32, and uniformity 80-83 sold for around 66.50 cents per pound, FOB car/truck, Georgia terms (Rule 5, compression charges paid, 30 days free storage). South Central Markets Regional Summary North Delta Spot cotton trading was inactive. Supplies of available cotton were light. Demand was very light. Average local spot prices were lower. Trading of CCC-loan equities was inactive. No forward contracting was reported. Business remained slow. Occasional cloudy skies characterized the weather pattern during the reporting period. Scattered thunderstorms brought steady rainfall to the region. Some locations received around one-half of an inch of precipitation. Daytime high temperatures were in the 70s to 80s. Nighttime lows were in the 50s to 60s. Isolated thunderstorms were in the nearby forecast. Flood warnings continued in Arkansas. In Dumas, the Mississippi River was at 40.0 feet, and low-lying areas were inaccessible. According to the National Agricultural Statistics Service�s Crop Progress report released on April 28, planting advanced slowly to 6 percent in Arkansas, 5 in Missouri, and 6 percent in Tennessee. Local experts expected an increase in cotton planting toward the end of the first week of May. Outdoor activities were hampered due to elevated soil moisture. South Delta Trading of spot cotton and CCC-loan equities was inactive. Supplies of available cotton were light. Demand was very light. Average local spot prices were lower. There was no interest in forward contracting. Steady rain showers early in the period brought around two and three-quarter inches of precipitation. Daytime highs were in the 80s. Nighttime lows were in the 60s. Isolated thunderstorms were in the nearby forecast. Flood warnings continued in Louisiana and Mississippi. According to the National Agricultural Statistics Service�s Crop Progress report released on April 28, cotton planting was at 8 percent in Louisiana and 4 percent in Mississippi. Planted acreage is expected to be down this year. According to the U.S. Drought Monitor summary released on April 29, some areas are free of drought in Mississippi due to heavy rains. No outdoor activity was reported due to saturated fields. Cotton growers were expected to continue fieldwork next week. Trading North Delta � No trading activity was reported. South Delta � No trading activity was reported. Southwestern Markets Regional Summary East Texas-South Texas Spot cotton trading was slow. Supplies and producer offerings were light. Demand was light. Average local spot prices were lower. Producer interest in forward contracting was light. Trading of CCC-loan equities was inactive. Foreign mill inquiries were light. Scattered thunderstorms throughout the week produced over five inches of rain in areas of East Texas. Daytime high temperatures were in the upper 70s to the mid-80s. Nighttime temperatures were in the upper 50s to the upper 60s. Additional chances for precipitation were in the forecast for the coming week. Planting in the central Texas region is virtually complete, but some replanting is expected due to wet weather conditions. Stages of plant development ranged from emergence to 5 to 8 true leaves. No immediate pest pressure was reported. Applications of herbicide will be made following rainfall to combat weed growth. In South Texas, windy and dry conditions persisted throughout the region. Daytime high temperatures were in the upper 80s to the low 90s, with nighttime low temperatures consistently in the 70s. No rainfall was reported during the period, but chances for moisture were in the forecast. Local experts reported stands ranged from the cotyledon stage to 8 to 9 true leaves in areas of the Upper Coast and Coastal Bend. Pesticide applications were made as needed. The Annual Texas Cotton Association convention was held in Woodlands, TX this week from April 30 to May 2 and was well attended. West Texas-Kansas-Oklahoma Spot cotton trading was active. Supplies were moderate. Demand was light. Producer offerings were moderate. Average local spot prices were lower. Producer interest in forward contracting was light. Trading of CCC-loan equities was inactive. Foreign mill inquiries were light. In Texas, a mix of stormy and sunny weather conditions ruled across the region with daytime temperatures in the upper 50s to low 90s and overnight lows in the 40s to 70s. Several rounds of widespread thunderstorms brought beneficial rainfall measuring from a trace to more than seven inches of moisture. Along with the thunderstorms, some areas received large hail stones and damaging winds reported at more than 90 miles per hour. Tornadoes damaged homes and agricultural buildings. The precipitation was timely and ahead of planting. Parts of the Concho Valley missed the rainfall and remained parched. Field preparations expanded as soil firmed. Planting was expected to begin in early to mid-May, but undesirable market prices loomed that caused planting indecision. Local and state industry meetings were well attended. In Kansas, daytime temperatures were in the upper 50s to 80s, and overnight lows were in the 40s to 60s. Producers were encouraged with recent rainfall that brought more than 3 inches of precipitation. Chances for more rain were in the nearby forecast. The rainy weather delayed applications of herbicide and fertilizer. Producers were eager to begin planting, but waited for soil temperatures to consistently warm. In Oklahoma, widespread thunderstorms brought up to 12 inches of welcomed rainfall to the cotton growing counties. The precipitation was desperately needed to reverse droughty conditions. Fieldwork was delayed because of flooded fields with daytime temperatures in the mid-60s to 80s, and overnight lows in the 50s to 60s. The Lake Altus � Lugert conservation pool is at 63.52 percent full, according to the U.S. Army Corps of Engineers. Local sources were encouraged by the prospect of irrigation releases during the cropping season. Trading East Texas/South Texas � A light volume of color 32 and better, leaf 3 and 4, staple 34 and 35, mike averaging 41.3, strength averaging 32.4, and uniformity averaging 80.5 sold for around 64.00 cents per pound, FOB warehouse (compression charges not paid). � A heavy volume of color 42 and better, leaf 1-4, staple 33-38, mike 40-54, strength 26-34, and uniformity 77-83 sold for around 62.75 cents, same terms as above. West Texas, Kansas & Oklahoma � In Texas, a lot containing a heavy volume of color 22 and better, leaf 3 and better, staple 36, mike 37-46, strength 29-35, and uniformity 79-82 sold for around 68.50 cents per pound, FOB car/truck (compression charges not paid). � In Kansas, lots containing a heavy volume of color 12-52, leaf 6 and better, staple 36-38, mike 39-43, strength averaging 31.7, uniformity averaging 81.6 and 25 percent extraneous matter traded for around 61.25 cents, same terms as above. � In Oklahoma, an even-running lot containing a heavy volume of color 31, leaf 3 and better, staple 36, mike 39-47, strength 29-35, and uniformity 80-83 traded for around 69.75 cents, same terms as above. Western Markets Regional Summary Desert Southwest (DSW) Spot cotton trading was inactive. Supplies and producer offerings were light. Demand was light. Producer interest in forward contracting was light. Average local prices were lower. No forward contracting or domestic mill activity was reported. Foreign mill inquiries were light. In Arizona, weather conditions were clear and sunny. At the beginning of the period temperatures cooled into the low 80s, which was slightly below average. Towards the end of the week temperatures rebounded into the 90s, with nightly lows in the 40s and 50s. No rainfall was recorded during the period. Cotton planting gained momentum throughout Arizona. In Yuma, the crop progressed. According to the National Agricultural Statistics Service�s Arizona Crop Progress report released on April 28, cotton planted is off to a slow start at 43 percent, compared to last year�s 61, and the five-year average of 56 percent. In El Paso, TX and New Mexico, gusty winds ushered in cooler temperatures at the beginning of the period. Daytime highs were in the low 70s and 80s but rebounded into the 90s by weeks end. Nighttime lows were in the 40s and 50s. No rain was recorded during the period. Cool conditions slowed planting, which resumed full speed ahead when conditions were favorable. According to the National Agricultural Statistics Service�s New Mexico Crop Progress report released on April 28, cotton planted was at 35 percent, 8 percent above the five-year average and 3 percent above the amount planted this time last year. San Joaquin Valley (SJV) Spot cotton trading was inactive. Supplies and demand were light. No forward contracting or domestic mill activity was reported. Average local prices were lower. Foreign mill inquiries were light. In the SJV, cloudy skies ushered in a cold front at the beginning of the period, which brought cooler temperatures and some much-needed precipitation. Daily temperatures began the week in the 50s and 60s, which was not optimal for cotton planting. Skies cleared mid-week and temperatures rebounded into the upper 80s. Nighttime lows were in the 40s and 50s. Rainfall totals up to one-third of an inch were recorded at some locales. Field activities continued throughout the territory, where conditions were favorable. According to the National Agricultural Statistics Service�s California Crop Progress report released on April 28, cotton planted was at 50 percent, 4 percent below the five-year average and 13 percent above the amount planted this time last year. On April 29, the California Department of Water Resources increased the State Water Project allocation to 50 percent of requested water supplies. American Pima (AP) Spot cotton trading was inactive. Supplies were moderate. Demand was light. No forward contracting or domestic mill activity was reported. Average local spot prices were steady. Foreign mill inquiries were light. In the San Joaquin Valley, the week began with cooler temperatures in the 50s and 60s but rebounded into the 80s by weeks end. Nighttime lows were in the 50s and 60s. Beneficial moisture was received, with some locales reporting over one-third of an inch received. Field activities expanded where conditions were favorable. On April 29, the California Department of Water Resources increased the State Water Project allocation to 50 percent of requested water supplies. In the Desert Southwest, daily temperatures were in the 80s and 90s. Nightly lows were in the 40s and 50s. No rain was recorded during the period. Cotton planting gained momentum throughout Arizona. In Yuma, stands made good progress. Trading Desert Southwest � No trading activity was reported. San Joaquin Valley � No trading activity was reported. American Pima � No trading activity was reported.