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Cotton AWP/LDP                 01/02 10:06

Weekly cotton Fine Count Price and Adjustment data.

                  Fine    Fine
                 Count   Count
           Adj     Adj     Adj
         World     2024    2025    CCA    LDP
Date     Price  Crop**  Crop**
  01/02   50.76    0.00    0.00    0.00   1.24
  12/26   50.02    0.00    0.00    0.00   1.98
  12/19   49.99    0.00    0.00    0.00   2.01
  12/12   50.39    0.00    0.00    0.00   1.61



TBA - To Be Announced
na - Not available at this time

**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.

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“88 HEDGE” is a dba of CIH Trading, LLC listed with the NFA. The information contained in this publication is taken from sources believed to be reliable but is not guaranteed by 88 Hedge or CIH Trading, LLC, nor any affiliates, as to accuracy or completeness, and is intended for purposes of information and education only. Nothing therein should be considered as a trading recommendation. There is a risk of loss in futures and option trading. Past performance is not indicative of future results.
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