Mp_cn206 September 12, 2025 Weekly Cotton Market Review Spot quotations averaged 7 points slightly higher 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 62.02 cents per pound for the week ending Thursday, September 11, 2025. The weekly average was up from 61.95 cents last week, but down from 62.67 cents reported the corresponding period a year ago. Daily average quotations ranged from a low of 61.50 cents on Friday, September 5 to a high of 62.67 cents on Wednesday, September 10. Spot transactions reported in the Daily Spot Cotton Quotations for the week ended September 11 totaled 6,154 bales. This compares to 1,874 reported last week and 9,933 bales reported the corresponding week a year ago. Total spot transactions for the season were 22,028 bales compared to 31,155 the corresponding week a year ago. The ICE October settlement price ended the week at 65.37 cents, compared to 64.69 cents last week. Join the Help Sessions every Tuesday and Thursday afternoon at 2:00 PM CDT to learn more about exciting customizable enhancements and new features to the Cotton Price Report Series. Southeastern Markets Regional Summary Spot cotton trading was inactive. Supplies and offerings were light. Demand was moderate. Average local spot prices were steady. Trading of CCC-loan equities was inactive. No interest in forward contracting was reported. A mix of cloudy to sunny conditions were observed across the lower Southeast during the period. Seasonably cooler daytime temperatures were in the 80s to low 90s. Nighttime lows were mostly in the 60s. Light localized precipitation was received in portions of the Florida Panhandle, the Atlantic coast, and areas of north Alabama and north Georgia. Precipitation totals measured from trace amounts to around one inch of moisture. The crop advanced well. Producers monitored fields and assessed irrigation scheduling decisions as bolls began to crack open. Fields were scouted and producers applied insecticides in fields that met threshold limits. Producers monitored field maturity and prepared for defoliation activity. According to the National Agricultural Statistic’s Services (NASS) crop progress report released September 8, boll-setting advanced to 99 percent completed in Georgia and 95 percent completed in Alabama. Cotton bolls opening reached 51 percent in Georgia and 36 percent completed in Alabama. Cloudy conditions prevailed across the upper Southeast with intermittent windows of sunshine observed. Daytime temperatures were mostly in the 80s. Nighttime lows were in the 60s. Localized rainfall was received along the eastern Carolinas during the week. Precipitation totals measured from trace amounts to around one inch of moisture. The crop advanced at a slower pace due to seasonable cooler conditions. Producers scouted fields and applied insecticides in fields that met threshold limits. According to NASS, boll-setting was completed in Virginia and advanced to 97 percent in South Carolina and 95 percent completed in North Carolina. Cotton bolls-opening reached 41 percent completed in Virginia, 34 in South Carolina, and 24 percent completed in North Carolina. Textile Mill Domestic mill buyers inquired for a moderate volume of color 42 and better, leaf 4 and better, and staple 34 and longer for fourth quarter 2025 delivery. No sales were reported and no additional inquiries were reported. A cautious undertone was maintained by mill buyers as they balanced raw cotton purchases with yarn orders. Demand through export channels was moderate. Representatives for mills in Pakistan and Vietnam inquired for a moderate volume of USDA Green Card Class, color 31, leaf 3, and staple 37 and longer for nearby shipment. No sales were reported. Trading • No trading activity was reported. South Central Markets Regional Summary North Delta Trading of spot cotton was inactive. Supplies of available cotton were light. Demand was very light. Trading of CCC-loan equities was inactive. Average local spot prices were steady. Forward contracting was light; business was slow as producers monitored market price levels. Generally sunny skies with occasional cloudiness characterized the weather pattern during the period. Daytime highs started in the 70s and migrated into the 90s. Overnight lows were in the 50s and 60s. Dryland cotton is expected to be defoliated soon in some areas, while other territories continued to progress. Topsoil moisture is sufficient but needed more rain to restore adequate moisture where needed. Early morning rain showers brought around three-quarters of an inch of precipitation. Cotton bolls were different sizes due to limited rainfall. According to the U.S. Drought Monitor report released on September 11, abnormal to moderate drought activity received small improvements over the past few weeks. Outdoor activities continued including irrigation and preparing for harvesting. According to the National Agricultural Statistics Services Crop Progress report released on September 8, cotton bolls opening was at 50 percent in Arkansas, 35 in Missouri, and 42 percent in Tennessee. Virtual and in person industry meetings were planned and attended at state and national levels. South Delta Spot cotton trading was inactive. Supplies of available cotton were light. Demand was very light. Trading of CCC-loan equities was inactive. Average local spot prices were steady. Forward contracting was light; business was slow as producers monitored market price levels. Sunny skies persisted during the reporting period. Morning storms brought around one and one-half inches of rain, which fluctuated daytime high temperatures from the 70s to 90s. Overnight lows were in the 50s and 60s. According to the U.S. Drought Monitor report released on September 11, soil moisture indicated a large expansion of drought throughout parts of northern Mississippi. Therefore, rain is needed in the nearby forecast to replenish moisture to the soils. Fieldwork is being done. Harvesting is expected to begin soon. Defoliation is underway in some fields where the cotton has reached maturity. According to the National Agricultural Statistics Service’s Crop Progress report released on September 8, cotton boll openings were still in progress in Louisiana at 74 percent and at 52 percent in Mississippi. Louisiana is above the five-year average, but below average in Mississippi by 4 percent. Virtual and in person industry meetings were planned and attended at state and national levels. Trading North Delta • A mixed lot of 2024-crop CCC-catalog cotton, color 42 and better, leaf 2-4, staple 34-38, mike averaging 45.0, strength averaging 30.3, uniformity averaging 82.0, and 100 percent extraneous matter (plastic) sold for around 10.38 cents, FOB warehouse (compression charges not paid). South Delta • No trading activity was reported. Southwestern Markets Regional Summary East Texas-South Texas Spot cotton trading was moderate. Supplies and producer offerings were light. Demand was moderate. Average local spot prices were steady. Producer interest in forward contracting was light. Trading of CCC-loan equities was inactive. Foreign mill inquiries were moderate. Interest was best from India, Pakistan, and Vietnam. In central Texas, showers early in the week gave way to sunshine and clear skies for the remainder of the period. Daytime high temperatures were in the mid-80s to mid-90s. Nighttime low temperatures were in the upper 50s to the low 60s. Total accumulated moisture totals ranged from trace amounts up to over one inch of rainfall in some locales. Activity across the central Texas region was increasing, but stage of activity varied from field to field. Some areas have begun harvesting and others are either being defoliated or preparing to be defoliated. Modules were transported to gins , and a few gins in the region had begun ginning operations for the season. In the Wintergarden area stands were in the final stages of maturation. In the Upper Coast, weekend thunderstorms gave way to sunny and partly cloudy skies, but persistent rainfall continued in areas of the Coastal Bend and the lower Rio Grande Valley (RGV). Daily daytime high temperatures were in the upper 80s to mid-90s, with nighttime low temperatures in the 60s and 70s. Total accumulated rainfall totals ranged from one-half of an inch of rain to over two and three-quarter inches of precipitation. Harvesting continued as wet field conditions and heavy rainfall permitted. Local experts reported that fields in the lower RGV were 95 to 99 percent harvested, and areas of Coastal Bend are nearing completion as well. Ginning continued at full capacity across the South Texas region as gins worked through backlogs of modules in fields. A few gins have concluded operations for the season in the lower RGV. The Annual Texas Flow Meeting was held in Lubbock, TX this week and was well attended. West Texas-Kansas-Oklahoma Spot cotton trading was moderate. Supplies and producer offerings were light. Demand was light. Average local spot prices were steady. Producer interest in forward contracting was light. Trading of CCC-loan equities was slow. Foreign mill inquiries were light to moderate. Interest was best from India, Pakistan, and Vietnam. In Texas, daytime high temperatures fluctuated in the mid-70s to mid-90s, and overnight lows were in the 50s to 70s. A mix of clouds and sun dominated with light, intermittent rainfall early in the period. Bolls developed and began cracking open as harvesting neared. Producers prepared to initiate harvest aid applications, with defoliants and boll openers expected to be applied within the next two weeks, depending on location. Insect pressure remained light and was managed with targeted treatments. Investigations into cotton jassids, also known as the two-spotted cotton leafhopper, are underway by USDA-APHIS, according to the Focus on Entomology newsletter published September 4 by the Texas A&M AgriLife Research and Extension Center in Lubbock. This invasive pest, recently transported from Florida on ornamental nursery plants, poses a potential economic threat to cotton production if it becomes established in the region. The Texas Department of Agriculture is also conducting a separate investigation to assess its spread and impact. The Texas Cotton Association hosted the annual Texas Flow Meeting, bringing together industry stakeholders with a focus on logistics experts who manage the global movement of Texas cotton. The event served as a strategic touchpoint to coordinate supply chain operations and ensure smooth distribution as harvest ramps up. In Kansas, additional precipitation was received with daytime high temperatures in the low 60s to low 90s, and overnight lows in the 40s to 70s. Some regions received more than two inches of moisture, leaving fields soggy and delaying spraying activities. To ensure full boll maturity, a warming trend and a late-season freeze will be essential. Kansas cotton was prominently featured at the Kansas State Fair in Hutchinson, both in the Agriland interactive agricultural children’s area and in the exhibit hall, open through September 14. In Oklahoma, stands progressed, supported by daytime highs ranging from the upper 70s to mid-90s and overnight lows in the 50s to 60s. The weather remained dry throughout the period, allowing bolls to develop. Dryland and irrigated fields displayed promising yield potential, encouraging producers as the season advanced. Sunny conditions contributed heat units to help finish out the crop. Producers began selecting harvest aids. Insect pressure remained light overall, though growers continued monitoring for aphids as bolls started to open. Meanwhile, gin and industry meetings were held across Oklahoma and Kansas to prepare for the upcoming harvest. Trading East Texas/South Texas • A heavy volume of new-crop, color 21 and 31, leaf 2 and 3, staple 37-39, mike 41-50, strength 29-33, and uniformity 80-84 sold for 64.25 to 65.25 cents per pound, FOB warehouse (compression charges not paid). • A heavy volume of new-crop, color 31 and 41, leaf 3-5, staple 37 and 38, mike 39-42, strength 32-35, and uniformity 83-85 sold for around 63.00 cents, same terms as above. • A moderate volume of new-crop containing color 31 and 41, leaf 3 and 4, staple 36-38, mike 43-46, strength 30-34, and uniformity 81-83 sold for 62.00 to 62.50 cents. West Texas, Kansas & Oklahoma • In Texas, mixed lots containing a light volume of 2024-crop cotton mostly color 33 and better, leaf 4 and better, staple 32-36, mike 39-50, strength 25-31, and uniformity 75-81 sold for 55.50 to 55.75 cents per pound, FOB car/truck, (compression charges not paid). • In Kansas, a mixed lot containing a moderate volume of 2024-crop cotton color 42 and better, leaf 4 and better, staple 34-38, mike 35-51, strength 30-33, and uniformity averaging 81.1 traded for around 59.25 cents, same terms as above. • A light volume of CCC-loan equities traded for 0.50 to 4.25 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 steady. No Forward contracting or domestic mill activity was reported. Foreign mill inquiries were light. Arizona weather conditions were partly cloudy with daily temperatures in the triple-digits. Nighttime lows were in the 70s and 80s. Light monsoon activity brought thunderstorms and rain showers totaling up to three-quarters of an inch of rain in some locales. Level 2 heat stress may have an effect on the crop in central Arizona as water supplies are scarce. Harvest was underway in Yuma and sources report that yields have been good. In New Mexico and El Paso, TX, sunny to partly cloudy conditions were prevalent. Daily temperatures were in the low to mid-90s. Nighttime lows were in the 60s. Scattered rain showers brought close to one-half of an inch of moisture to the territory. Sources report that the lack of water and use of well water may have an adverse effect on the crop, but that remains to be seen. Overall, no major crop issues were reported. 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 steady. Foreign mill inquiries were light. In the SJV, clear and sunny skies were prevalent. Temperatures tapered off into the mid-80s by weeks end, which was a welcomed reprieved from the triple-digit temperatures seen in recent weeks. Nighttime lows were in the 60s. No rain was reported during the period. Sources estimate the crop to be at or a little above average. Fields were blooming. Insect pressures were light, and treatments were applied as necessary. 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, daily temperatures ranged from the 90s to the mid-80s. Nightly lows were in the 60s. No rain was reported during the period. Blooming expanded. Insect pressures were light and treatments were applied as necessary. Producers are expecting greater yields compared to the last two years. Weather conditions in Arizona were partly cloudy. Daily temperatures were in the triple-digits, with nightly lows in the 70s and 80s. Light monsoon activity brought rain totaling up to three-quarters of an inch in some locales. Level 2 heat stress may have an effect on the crop in central Arizona as water supplies are scarce. Harvest was underway in Yuma and sources report that yields have been good. Trading Desert Southwest • No trading activity was reported. San Joaquin Valley • No trading activity was reported. American Pima • No trading activity was reported.