Mp_cn206 March 28, 2025 Weekly Cotton Market Review Spot quotations averaged 93 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 62.04 cents per pound for the week ending Thursday, March 27, 2025. The weekly average was down from 62.97 cents last week and from 85.19 cents reported the corresponding period a year ago. Daily average quotations ranged from a low of 61.46 cents on Tuesday, March 25 to a high of 63.43 cents on Thursday, March 27. Spot transactions reported in the Daily Spot Cotton Quotations for the week ended March 27 totaled 14,289 bales. This compares to 23,387 reported last week and 7,069 bales reported the corresponding week a year ago. Total spot transactions for the season were 828,862 bales compared to 803,159 bales the corresponding week a year ago. The ICE May settlement price ended the week at 67.07 cents, compared to 66.08 cents last week. Southeastern Markets Regional Summary Spot cotton trading was slow. Supplies and offerings were moderate. Demand was moderate. Average local spot prices were lower. Trading of CCC-loan equities was inactive. Sunshine and afternoon clouds dominated the weather pattern during the period across the lower Southeast. Daytime high temperatures were in the 60s and 80s, with nighttime lows in the 40s. Scattered rain showers brought moisture to portions of western Alabama and the Florida Panhandle early in the week. Rainfall totals measured from around one-half of an inch to one inch of moisture. Elsewhere, most of the Southeast experienced a dry, breezy week, leading to a rash of wildfires and general increases in the coverage of droughty conditions, according to the U.S. Drought Monitor. Producers would welcome a period of soaking rainfall to fortify sub-soil moisture conditions ahead of spring planting. Mostly sunny conditions prevailed across the upper Southeast with a window of rain weather observed entering the week. Daytime high temperatures were mostly in the 70s with nighttime lows mostly in the 40s and 50s. Portions of eastern North Carolina and Virginia received from trace amounts to around one inch of moisture early in the week. Due to mostly dry conditions, dozens of wildfires were reported in the Carolinas. Producers would welcome a period of soaking rainfall to relieve dry conditions. Producers prepared machinery for spring plantings. Textile Mill Domestic mill buyers inquired for a volume of color 41, leaf 4, and staple 34 and longer for April through December 2025 delivery. No sales were reported. Most mills have reported that raw cotton needs were covered through the remainder of the year aside from occasional fill-in orders. Mill buyers maintained a cautious undertone, however, yarn orders were reported as steady. Demand through export channels was moderate. Agents throughout the Far East inquired for any discounted styles of cotton. Trading � Heavy volume even-running lots containing color 31, leaf 2-4, staple 36 and 37, mike 43-49, strength 28-31, and uniformity 81-84 sold for around 70.00 cents per pound, FOB car/truck, Georgia terms (Rule 5, compression charges paid, 30 days free storage). � A moderate volume of color mostly 41, leaf 2-4, staple 35 and longer, mike 37-49, strength 28-32 and uniformity 80-83 sold for around 68.00 cents, same terms as above. South Central Markets Regional Summary North Delta Spot cotton trading was slow. Supplies of available cotton were light. Demand was very light. Average local spot prices were lower. Trading of CCC-loan equities was inactive. A light amount of forward contracting was reported by local contacts. Only a few contracts have been signed as farmers closely monitor the market in hopes for an increase. Business remained slow. Partly sunny skies were persistent during the reporting period. Daytime high temperatures were in the 60s and 70s. Overnight lows were in the 40s and 50s. The National Weather Service issued red flag warnings for critical fire weather conditions in the Bootheel. Accumulated precipitation totals measured from trace amounts to two-quarters of an inch of rain. Soil moisture ahead of planting season is expected to be spot on. Growers applied burn-down chemicals to the fields to assist with weed control before field preparations. Producers are looking forward to receiving disaster funds to give financial support needed for the upcoming planting season. Local experts are patiently waiting for the Prospective Planting report to be released on March 31 by the National Agricultural Statistics Service. 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. No forward contracting was reported. Business remained slow. A mix of cloudy and sunny skies prevailed throughout the reporting period. Daytime high temperatures were in the 60s to 80s. Overnight lows were in the 40s and 50s. High winds moved through the region at 20 to 30 miles per hour. Precipitation totals measured from trace amounts to around two and one-half inches of rainfall. Afternoon scattered rain showers are in the nearby forecast. Soil moisture ahead of planting season is expected to be perfect. Outdoor activities mainly included corn planting, which was expected to gain momentum. No burn-down was reported. Producers are expecting to see a large decrease in the acreage of cotton during the upcoming planting season. Growers are expecting to receive disaster payments for financial stability soon. Local experts are patiently waiting for the Prospective Planting report to be released on March 31 by the National Agricultural Statistics Service. Trading North Delta � A light volume lot containing color 31-42, leaf 2 and 3, staple 36, mike 38-44, strength 27 and 28, and uniformity 80-81, sold for around 66.00 cents per pound, FOB car/truck (Rule 5, compression charges paid). 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. Interest was best from Pakistan, Turkey, and Vietnam. Sunshine and partly cloudy skies prevailed early in the week, with chances for light showers moving in late in the reporting period. Daytime high temperatures were in the upper 70s and mid-80s. Nighttime temperatures were in the mid-50s to low 60s. No rainfall was reported. Planting activities are expected to begin in early April for the Brazos River Bottoms and the Blackland Prairies. Sunny and dry weather early in the week transitioned into heavy thunderstorms that resulted in flash flood warnings for much of South Texas. Daytime high temperatures were in the low 70s to the upper 80s and 90s in the southern-most parts of the region. Nighttime low temperatures were in the low 50s to the 70s. A storm system late in the period brought thunderstorms and torrential rains. Accumulated rainfall totals ranged from three inches in areas of the Upper Coast to a record-breaking total of more than 18 inches in some areas of the lower Rio Grande Valley (RGV). The severe flooding caused damage to buildings an infrastructure in the Valley. Planting was expanding rapidly as many producers in the RGV tried to wind down planting activities before the March 31st insurance deadline, but efforts were halted due to extreme weather conditions. West Texas-Kansas-Oklahoma Spot cotton trading was active. Supplies and demand were moderate. Producer offerings were light. Average local spot prices were lower. Producer interest in forward contracting was moderate. Trading of CCC-loan equities was inactive. Foreign mill inquiries were light. Interest was best from Pakistan, Turkey, and Vietnam. In Texas, daytime high temperatures were in the upper 50s to low 90s. Overnight low temperatures were in the 30s to 60s. Occasional gusts were more than 40 miles per hour. Fertilizer was applied and some fields were plowed. Most fieldwork was conducted on irrigated ground. Producers were reluctant to move forward with fieldwork without rainfall on dryland fields. Some areas received rain late in the period, but more rainfall is urgently needed ahead of cotton planting to recharge parched soils. Cotton-planting was expected to begin at the end of April in the Northern High Plains. Producers took advantage of forward contract prices during the period to fix prices on a light amount of 2025-crop cotton. In Kansas, daytime temperatures were in the low 60s to mid-80s, and overnight lows were in the 30s to 50s. Some locations received one-quarter of an inch of beneficial rainfall. Producers ordered planting seed and irrigated acres were strip-tilled ahead of sowing. Planted acres were expected to be about the same as last season, according to local sources. In Oklahoma, daytime high temperatures were in the 70s to mid-80s. Overnight temperatures were in the 30s to 70s. The entire state needs a period of wet weather to fortify subsoil moisture levels ahead of cotton planting. A light amount of fieldwork was underway. Planted acres were expected to be lower compared to last season because of a lack of moisture and current market levels. Trading East Texas/South Texas � A light volume of color 22 and 32, leaf 2 and 3, staple 30 and 31, mike averaging 38.2, strength averaging 24.6, and uniformity averaging 76.8 sold for around 42.00 cents per pound, FOB warehouse(compression charges not paid). West Texas, Kansas & Oklahoma � In Texas, a mixed lot containing a heavy volume of color 12 and better, leaf 3 and better, staple 35, mike 43-54, strength 28-32, and uniformity 79-83 sold for around 61.50 cents per pound, FOB car/truck (compression charges not paid). � Mixed lots containing a moderate volume of color 33 and better, leaf 2-6, staple 34 and 35, mike 41-53, strength 27-31, and uniformity 78-81 sold for 57.00 to 57.50 cents, same terms as above. � In Kansas, a light volume of color 22 and better, leaf 3 and better, staple 33, mike 38-51, strength 27-33, and uniformity 78-81 sold for around 56.25 cents, same terms as above. � Lots containing a heavy volume of color 53, leaf 4-7, staple 36 and 37, mike 31-42, strength 29-32, uniformity 79-83, and 100 percent extraneous matter sold for 52.00 to 53.50 cents, same terms as above. � In Oklahoma, a lot containing a light volume of color 11 and 21, leaf 3 and better, staple 35, mike 39-47, strength averaging 32.0, and uniformity 79-82 traded for around 62.50 cents, same terms as above. � A mixed lot containing a light volume of color 32-43, leaf 3-5, staple 36, mike 26-43, strength 29-33, and uniformity 79-81 traded for around 55.00 cents, same terms as above. � A light volume of CCC-loan equities traded for 6.00 cents. 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, clear and sunny skies prevailed throughout the period. In central Arizona, a record high of 91 degrees on March 25 was exceeded as temperatures soared into the triple-digits. Nighttime lows were in the 50s and 60s. No rain was recorded during the period. Planting continued and seedlings began to emerge in Yuma, AZ. In Safford, fieldwork continued at a steady pace and planting was a few weeks out. Planting commenced in cotton-growing areas along the Colorado river. According to the National Agricultural Statistics Service�s Crop Progress report released on March 23, cotton planted is at 7 percent, which is equal to the five-year average and above the 3 percent planted this time last year. In El Paso, TX and New Mexico, weather conditions were sunny to partly cloudy. Daily temperatures were in the low to mid-80s with nightly lows in the 40s. No rain was recorded. Fieldwork continued without interruption. 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, weather conditions were mostly sunny throughout the territory. Daily temperatures warmed into the upper 80s, almost breaking record highs. Nighttime lows were in the 40s and 50s. No rain was recorded in the period. Favorable weather conditions warmed soils and allowed field activities to advance. Planting is expected to commence in the next week or two. 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. Daily temperatures in the San Joaquin Valley warmed into the upper 80s, almost breaking record highs. Nighttime lows were in the 40s and 50s. No rain was recorded in the period. Favorable weather conditions warmed soils and allowed field activities to advance. Planting is expected to commence in the next week or two. Sources predict a reduction in acreage of around 20 to 30 percent, with some producers expected to cross over to corn. In the Desert Southwest, mostly clear and sunny skies warmed temperatures into the triple-digits, breaking record highs. No rain was recorded. Planting continued and seedlings began to emerge in Yuma, AZ. In Safford, fieldwork continued at a steady pace and planting was a few weeks out. Planting commenced in cotton-growing areas along the Colorado river. Western Markets Regional Summary Veronica Williamson. Florence, SC . ............ . Veronica.Williamson@usda.gov Trading Desert Southwest � No trading activity was reported San Joaquin Valley � No trading activity was reported. American Pima � No trading activity was reported.