Cotton AWP/LDP                    11/28 13:21

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  2021.00   2022  CCA   LDP
Date         Rate   Price Quality     LFQ  |    Price  Crop** Crop**
 11/24/23   190.92  235.00  205.00   30.00 |     65.23    0.43   0.68  0.00  
0.00
 11/17/23   190.92  235.00  205.00   30.00 |     64.23    0.43   0.68  0.00  
0.00
 11/10/23   189.86  235.00  204.00   31.00 |     64.62    0.37   0.62  0.00  
0.00
 11/03/23   185.65  235.00  200.00   35.00 |     68.11    0.01   0.26  0.00  
0.00
 10/27/23   183.55  235.00  198.00   37.00 |     68.72    0.00   0.00  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.


See the Cotton/Rice Archives Segment for Detailed Reports on Supply,Demand,Use