Cotton AWP/LDP 01/26 09:04

Weekly cotton Fine Count Price and Adjustment data.

Adjusted | Fine Fine
LFQ as % LFQ | Count Count
of ELS Price USPFE | Adj Adj Adj
Week Loan USPFE Adj For Less | World 2022.00 2023 CCA LDP
Date Rate Price Quality LFQ | Price Crop** Crop**
01/26/24 | 67.64 0.48 0.73 0.00
0.00
01/11/24 169.86 225.00 185.00 39.00 | 64.28 0.43 0.68 0.00
0.00
01/04/24 169.86 225.00 185.00 39.00 | 64.96 0.38 0.63 0.00
0.00
12/28/23 169.86 225.00 185.00 39.00 | 65.67 0.38 0.57 0.00
0.00
12/21/23 176.18 230.00 191.00 31.00 | 63.63 0.38 0.63 0.00
0.00


**Fine Count Adjustment cannot be less than zero.
NA = not available.

The adjusted LFQ = LFQ adjusted for the transportation cost between
the United States and the Far East.

Source: USDA Farm Service Agency (FSA) and USDA Commodity Credit Corporation
Extra Long Staple (ELS) cotton competitiveness payments are provided whenever,
for 4 consecutive weeks, the lowest Friday through Thursday average adjusted
price quotation for foreign growths (LFQ) is less than the Friday through
Thursday average price quotation for U.S. Pima cotton, CFR Far East (USPFE);
and the adjusted LFQ is less than 113 percent of the current 2022 crop year
loan level for ELS cotton grade 2, staple 46, micronaire 3.5 or higher,
strength 37.5 grams per tex and above (95.00 cents per pound). Future payments
will be established if price conditions warrant.