Daily Spot Cotton Quotations Agricultural Marketing ...

1 Growth AreasTodaySeasonBalesBalesSoutheast-150 Mar-217,50063,288 North Delta-275 Mar-21013,605 South Delta-275 Mar-2109,940 East TX-OK-475 Mar-21392245,653 West Texas-475 Mar-212,333463,330 Desert SW-700 Mar-2170926,035SJ Valley-650 Mar-2100 Average-429 Mar-2110,934821,851 Previous day-429 Mar-21 American DeltaSouth DeltaEast TX-OKWest TexasDesert SWSJ ValleyAmerican Pima1/ Settlement prices provided by ICE Futures US THIS REPORT IS AVAILABLE ON THE WORLD WIDE WEB AT: : USDA, AMS Cotton and Tobacco Market News Memphis, Tennessee | 901-384-3016 'S REPORT REFLECTS CHANGES INDICATED BELOW:Color Leaf StapleExtraneous ADJUSTMENTPIMA COMPETITIVENESS PAYMENTS eason LOAN DEFICIENCY per poundFOR UPLAND ADJUSTMENTICE FUTURES US - CONTRACT NO. 2 1/7-MARKET Dec 18 - Dec 28 COLOR 41 LEAF 4, STAPLE 34, MIKE 35-49, STRENGTH 25 OR HIGHERBASE QUOTATIONSADJ. WORLD PIMA SPOT PRICE QUOTATIONSC olor 02, Leaf 2 - Staple 46 Color 03, Leaf 3 - Staple 44 Color 03, Leaf 3 - Staple 46AP 34 Leaf of Bales ProvidedStaple 35 PointsCents per 41 Color 31 ICE Futures22-Dec-20 American Pima Quotations are UD free, FOB warehouse, and brokerage fees included.

2 BasisLeaf 3to Cotton ProgramUPLAND SPOT PRICE QUOTATIONSSPOT TRANSACTIONS Volume 103, No. 100 staple 34 ( to ), mike , and to , strength to grams per tex and uniformity to car/truck, which includes compression and any brokerage charges. The upland base quality is color 41, leaf grade 4, Spot Quotations and differences are for Cotton equal to the official standards, net weight, in mixed lots. Upland Quotations are Daily Spot Cotton QuotationsAgricultural Marketing ServiceCotton and Tobacco Market NewsMP_CN003 SOUTHEAST & 211 & 2-225-5015025037542542525-26-10753-225-5 015022535040040027-29-6754-225-125751752 7530030030-32-5255-475-325-225-75-25-25- 2533-34-4006-600-450-400-325-300-300-300 Base 35-3607-725-575-550-450-425-425-42537-42 0311 & 2-225-10075225350375375 Base 43-4903-225-1007522532535035050-52-2004- 225-1257517525027527553 & Above-3755-475-325-225-75-50-50-506-600- 450-400-375-350-350-3507-725-575-550-500 -475-475-475411 & - - - & - - - - - - - & Above507-1075-950-900-875-875-875-875711 -6-1075-1000-950-950-950-950-9507-1100-1 025-975-975-975-975-97512 & 221 & 2-275-100501502502502753-275-10050125225 225250 Type - - Level 1-2005-525-425-300-100-75-75-75 Prep - Level 2-8006-650-525-525-450-425-425-425 Other - Level 1-6007-750-650-650-600-575-575-575 Other - Level 2-800321 & 2-325-175-250505050 Plastic - Level

3 1-40003-350-200-500252525 Plastic - Level & - - - - - - - - & Above504-925-900-850-775-750-750-7505-95 0-900-850-825-825-825-8256-1000-925-875- 850-850-850-8507-1125-1000-950-925-925-9 25-925531-4-1000-900-850-800-800-800-800 5-1125-1075-975-975-975-975-9756-1150-11 00-1000-1000-1000-1000-10007-1250-1200-1 100-1100-1100-1100-1100631-5-1125-1075-9 75-975-975-975-9756-1250-1200-1100-1100- 1100-1100-1100 Page 2(Grams per Tex)Extraneous MatterUniformityStaple22-Dec-20 MikeStrengthMP_CN004 NORTH DELTA & 211 & 2-225-7515027537542542525-26-10003-225-7 515022535037537527-29-6504-275-200751252 5027527530-32-5255-450-325-100-250252533 -34-4256-500-475-350-300-300-300-300 Base 35-3607-600-575-450-400-400-400-40037-42 25311 & 2-225-100125250350375375 Base 43-4903-225-10012522532535035050-52-2254 -275-2507512517520020053 & Above-3755-450-325-175-75-50-25-256-500- 475-350-300-300-300-3007-600-575-450-400 -400-400-400411 & - - - - - - - - - - & Above507-1025-1000-875-850-850-850-85071 1-6-1225-1175-1075-1025-1025-1025-10257- 1275-1225-1075-1075-1075-1075-107512 & 221 & 2-275-125501002252502503-275-12525501752 25225 Type - - Level 1-2005-600-475-300-200-175-150-150 Prep - Level 2-8006-725-650-525-425-400-400-400 Other - Level 1-3757-775-750-625-550-525-525-525 Other - Level 2-785321 & 2-400-250-1000505050 Plastic - Level 1-40003-400-250-100-25252525 Plastic - Level &.

4 - - - - & Above604-925-700-525-500-500-500-5005-95 0-850-775-750-750-750-7506-1050-950-875- 850-850-850-8507-1200-1100-1025-1000-100 0-1000-1000531-4-1000-900-825-800-800-80 0-8005-1075-1000-925-900-900-900-9006-12 50-1100-1025-1000-1000-1000-10007-1275-1 225-1125-1100-1100-1100-1100631-5-1225-1 175-1100-1075-1075-1075-10756-1275-1225- 1100-1075-1075-1075-1075 Page 3(Grams per Tex)Extraneous MatterUniformityStaple22-Dec-20 MikeStrengthMP_CN005 SOUTH DELTA & 211 & 2-225-7517530037542542525-26-11003-225-7 515025035037537527-29-7504-275-200751252 5027527530-32-5255-450-325-175-100-75-50 -5033-34-4256-500-475-450-400-400-400-40 0 Base 35-3607-600-575-550-500-500-500-50037-42 25311 & 2-225-100125250350375375 Base 43-4903-225-10012522532535035050-52-2254 -275-2507512517520020053 & Above-3755-550-425-225-150-125-100-1006- 600-575-450-400-400-400-4007-700-675-550 -500-500-500-500411 & - - - - - - - - - - & Above507-1125-1100-975-850-850-850-85071 1-6-1225-1175-1075-1025-1025-1025-10257- 1275-1225-1125-1075-1075-1075-107512 & 221 & 2-275-125501002502752753-275-12525502002 50250 Type - - Level 1-2005-600-475-300-200-175-150-150 Prep - Level 2-8006-725-650-525-425-400-400-400 Other - Level 1-3757-775-750-625-550-525-525-525 Other - Level 2-785321 & 2-400-250-1000505050 Plastic - Level 1-40003-400-250-100-25252525 Plastic - Level &.

5 - - - - - & Above604-925-700-525-500-500-500-5005-95 0-850-775-750-750-750-7506-1050-950-875- 850-850-850-8507-1200-1100-1025-1000-100 0-1000-1000531-4-1000-900-825-800-800-80 0-8005-1075-1000-925-900-900-900-9006-12 50-1100-1025-1000-1000-1000-10007-1275-1 225-1125-1100-1100-1100-1100631-5-1225-1 175-1100-1075-1075-1075-10756-1275-1225- 1100-1075-1075-1075-1075 Page 4(Grams per Tex)Extraneous MatterUniformityStaple22-Dec-20 MikeStrengthMP_CN006 EAST TEXAS-OKLAHOMA DIFFERENCES22-Dec-20 ColorLeafStaple26-313233343536373811 & 211 & 2-425-375-1751504256757507753-475-425-20 01003756006757004-550-425-22550753754504 505-600-475-400-75752002752756-750-600-5 75-300-275-150-75-757-825-700-675-375-35 0-225-150-150311 & 2-475-400-200503006006506753-500-425-225 502505756006254-600-500-2752575325375375 5-650-500-425-75501502252256-775-625-600 -300-275-150-125-1257-850-725-700-375-35 0-250-225-225411 & & 2-775-625-500-100-501001251253-775-650-5 00-100-501001251254-825-675-525-175-1252 550505-875-750-675-275-200-150-100-1006- 1050-850-825-425-400-275-275-2757-1150-8 75-850-500-475-350-350-350611-5-950-800- 725-325-300-175-175-1756-1125-925-875-50 0-450-325-325-3257-1225-1025-975-600-550 -425-425-425711-6-1150-1050-975-575-550- 425-425-4257-1250-1100-1050-650-625-500- 500-50012 & 221 &

6 2-725-500-300752254505505503-750-550-350 751754004254254-800-575-3750753753753755 -875-750-675-275-1751502502506-1050-850- 825-425-375-200-100-1007-1175-975-925-52 5-475-300-225-225321 & 2-800-700-500-10025751751753-825-700-525 -125-7501001004-875-725-600-200-175-100- 50-505-975-850-800-375-300-125-50-506-11 50-950-925-550-500-425-375-3757-1300-107 5-1050-650-600-525-475-475421-3-875-775- 675-200-125-100-50-504-925-800-700-225-1 75-175-125-1255-1075-925-825-425-375-325 -275-2756-1300-1025-950-575-525-525-450- 4507-1425-1150-1075-700-625-575-525-5255 21-4-1125-925-825-500-500-425-375-3755-1 200-1025-900-550-550-500-425-4256-1425-1 225-1125-700-675-600-550-5507-1525-1350- 1250-825-800-675-625-625621-5-1250-1100- 1050-625-600-525-475-4756-1475-1300-1250 -825-800-700-650-650 Page 5 EAST TEXAS-OKLAHOMA (Continued)22-Dec-20 ColorLeaf26-313233343536373813 & 231 & 2-1200-1050-950-500-425-325-225-2253-122 5-1075-975-525-450-350-250-2504-1275-115 0-1025-575-500-400-300-3005-1400-1250-11 50-700-625-525-425-4256-1525-1325-1200-8 00-725-625-525-5257-1625-1425-1325-925-8 50-750-650-650331 & 2-1275-1100-1000-530-475-375-275-2753-12 75-1100-1000-555-500-400-275-2754-1350-1 175-1050-605-550-450-325-3255-1500-1275- 1175-730-675-575-450-4506-1575-1350-1250 -855-800-700-575-5757-1675-1475-1350-980 -925-825-700-700431-3-1325-1175-1050-605 -550-450-325-3254-1400-1250-1100-630-575 -475-350-3505-1525-1350-1200-760-700-600 -475-4756-1625-1425-1300-880-850-750-625 -6257-1725-1525-1400-980-950-850-725-725 531-4-1450-1350-1225-780-775-700-575-575 5-1550-1425-1325-855-850-775-650-6506-16 50-1525-1425-1005-975-900-775-7757-1750- 1625-1550-1105-1050-975-850-850631-5-165 0-1500-1375-955-875-800-675-6756-1750-16 25-1475-1075-1000-925-800-800341 & - - Level - - Level 1 Base - - Level - - Level & - - Level

7 - - Level - - Level 2 StapleMikeStrengthRange(Grams per Tex)24 & - - - - - - MatterBase - - & AboveBase - & BelowType - - - Level - - - & aboveUniformityUnitMP_CN007 WEST TEXAS DIFFERENCES22-Dec-20 ColorLeaf26-313233343536373811 & 211 & 2-350-240-651754656907407403-450-340-165 1103655906406404-500-400-275502504254504 505-575-425-30001753003003006-675-500-42 5-175-150-100-100-1007-750-550-500-250-2 25-175-175-175311 & 2-500-340-1401103505756756753-575-390-19 0853255506256254-650-500-375251503254004 005-700-550-425-100251501501506-775-600- 475-250-250-225-225-2257-875-650-550-300 -300-275-275-275411 & & 2-800-625-525-175-75-75-75-753-800-625-5 25-175-75-75-75-754-825-625-600-250-150- 150-150-1505-825-650-650-350-275-200-200 -2006-975-750-750-475-425-300-300-3007-1 075-850-850-575-525-425-425-425611-5-925 -750-750-425-325-225-225-2256-1050-825-8 25-625-525-400-400-4007-1150-975-950-700 -600-500-500-500711-6-1125-950-900-700-6 00-525-525-5257-1200-975-950-725-675-600 -600-60012 & 221 &

8 2-675-500-300252253254254253-700-525-325 251752753253254-750-525-450-150251502252 255-800-600-500-175-502525256-875-700-62 5-375-350-250-200-2007-1000-800-725-425- 425-325-275-275321 & 2-825-600-375-150-25050753-875-650-400-2 00-25025254-925-700-575-250-50-25005-105 0-875-750-425-250-225-200-2006-1100-875- 825-525-450-425-375-3757-1200-975-875-62 5-525-500-450-450421-3-950-725-625-300-2 00-125-75-754-1000-800-650-350-250-150-1 00-1005-1100-950-800-500-325-325-275-275 6-1300-1000-875-600-525-450-400-4007-130 0-1075-975-725-600-525-475-475521-4-1150 -900-850-600-475-425-375-3755-1225-1000- 925-650-525-475-425-4256-1425-1175-1100- 775-675-625-575-5757-1500-1275-1200-875- 775-725-675-675621-5-1275-1075-1025-750- 650-600-550-5506-1450-1225-1175-900-825- 775-725-725 Page 7 StapleWEST TEXAS (Continued)22-Dec-20 ColorLeaf26-313233343536373813 & 231 & 2-1050-825-775-450-350-325-275-2753-1100 -850-800-475-375-350-300-3004-1125-925-8 75-525-425-400-350-3505-1225-1000-975-65 0-550-500-450-4506-1325-1075-1050-725-62 5-575-525-5257-1400-1175-1125-775-725-67 5-625-625331 & 2-1175-900-825-500-425-400-350-3503-1175 -900-825-500-425-400-350-3504-1250-975-9 25-575-500-450-400-4005-1375-1075-1025-7 25-625-550-500-5006-1425-1150-1150-775-7 25-650-600-6007-1500-1250-1200-900-825-7 50-700-700431-3-1225-1000-950-575-500-45 0-400-4004-1300-1075-1000-625-525-450-40 0-4005-1400-1150-1075-750-650-575-525-52 56-1475-1225-1175-850-800-725-675-6757-1 550-1325-1250-925-875-800-750-750531-4-1 400-1250-1150-750-700-650-600-6005-1475- 1275-1200-850-800-750-700-7006-1600-1375 -1300-950-925-875-825-8257-1675-1450-140 0-1075-1050-1000-950-950631-5-1625-1400- 1300-900-825-775-725-7256-1675-1475-1350 -1050-1000-950-900-900341 & 8(Grams per Tex)

9 24 & Below53 & AboveBase - - - - - - - - - Level - - - - - & aboveUniformityUnitExtraneous & BelowType - - - Level - - Level - - Level 1 Base - - Level & - - Level - - Level - - Level 2MP_CN008 DESERT SOUTHWEST & 211 & 2-1251005759201010109524 & Below-13503-1257550087091097025-26-11504 -3252525036039542027-29-10505-400-200-25 7516016030-32-6506-475-375-150-110-55-55 33-34-4507-675-400-225-165-125-12535-360 311 & 2-20050525870955103037-42253-20025425820 85593043-4904-375015031034539550-52-2755 -425-225-100-25454553 & Above-5006-500-400-185-145-65-657-700-42 5-275-220-140-140411 & - - & - - - - - - & 221 & - - & above755-625-450-150-150-75-756-775-650- 350-350-275-2757-950-825-600-600-525-525 321 & 2-600-225501351451453-600-22550135145145 Type - - Level 1-505-700-700-450-450-450-450 Prep - Level 2-8006-900-825-575-575-575-575 Other - Level 1-4007-1050-1000-825-825-825-825 Other - Level 2-800421-3-700-525-250-200-200-200 Plastic - Level 1-40004-725-600-350-300-300-300 Plastic - Level & - - - - - - - - & Above607-1450-1350-1350-1350-1350-1350 Page 9 UniformityStapleMikeStrengthExtraneous Matter(Grams per Tex)

10 MP_CN009 SAN JOAQUIN VALLEY & 211 & 2415104013901540176527-29-16003365990134 01465166530-32-100047535040050050033-34- 5005-12575130190190 Base 35-3606-400-200-150-100-10037-42257-625- 525-475-425-425 Base 43-490311 & 231594012901415159050-52-500326589012401 36515404503003304104105-2000551151156-50 0-325-275-225-2257-675-575-525-475-47541 1 & - - - & 2-675-225-175-175-175 Base - - - - & Above2507-1050-1000-1000-1000-100012 & 221 & 2125575830965114035050078089010404-75325 3754404405-250-50050506-525-400-350-300- 3007-775-700-650-600-600321 & 202503253754753-50200275325425 Type - - Level 1-505-525-275-275-275-275 Prep - Level 2-8006-675-475-475-475-475 Other - Level 1-3507-850-750-750-750-750 Other - Level 2-925421-3-450-100-75-75-75 Plastic - Level 1-40004-500-175-150-150-150 Plastic - Level & - & - - - - - - - & Above1105-1075-1075-1075-1075-10756-1225 -1225-1225-1225-12257-1425-1425-1425-142 5-1425 Page 10 UniformityStapleMikeStrength(Grams per Tex)Extraneous MatterMP_CN011 & & & & - - Level - Level - Level - Level - Level - Level 2-4000 Page 11 Extraneous Matter1/ Pima spot Quotations for color-leaf-staple combinations not quoted will be included as sales of those qualities which are Pima Quotations are for Cotton equal to the Official Standards, net weight, in mixed lots, UD Free, FOB warehouse.