Nearby NY and “A” Index

US Stocks/Use vs NY Futures

Cotton Prices

INTERNATIONAL AREA

Int’l Cotton Area

/1010/1111/12 International China India S. Hemisphere Other Int’l Million Acres

Int’l Cotton Production

/1010/1111/12 International China India S. Hemisphere Other Int’l Million Bales

INTERNATIONAL MILL USE & TRADE

Fiber Prices

Fiber and Yarn Prices

World Real GDP Growth International Monetary Fund, January 2011

Share of World GDP International Monetary Fund, January 2011 Advanced Economies Developing Asia

Int’l Mill Use

/1010/1111/12 International China India Pakistan Other Int’l Million Bales

Cotton Imports China All Others

Int’l Cotton Exports

US Cotton Exports

US MILL USE

Upland Cotton EAAP Authorized in the ‘08 Farm Bill Funded new textile machinery, new buildings and structural improvements to existing buildings Added jobs, reduced costs, increased ability to be more competitive against foreign competition Future funding is expected to continue the positive effect on textile employment and efficiency

US Cotton Mill Use

US COTTON PRODUCTION

December Cotton Futures

December Corn Futures

November Soybean Futures

NCC PLANTING INTENTIONS SURVEY FOR ALL FARMS UNDER YOUR MANAGEMENT Acres of: 2010 (Actual) 2011 (Intended) 2011 Expected Price* Upland cotton (c/lb.) ELS cotton (c/lb.) Corn ($/bu.) Wheat ($/bu.) Soybeans ($/bu.) Other crops Total crop acres *Includes marketing loan gain. To respond online, please go to WTX

NCC PLANTING INTENTIONS SURVEY FOR ALL FARMS UNDER YOUR MANAGEMENT Acres of: 2010 (Actual) 2011 (Intended) 2011 Expected Price* Upland cotton 10,769 (c/lb.) ELS cotton 204 (c/lb.) Corn ($/bu.) Wheat ($/bu.) Soybeans ($/bu.) Other crops Total crop acres *Includes marketing loan gain. To respond online, please go to U.S.

NCC PLANTING INTENTIONS SURVEY FOR ALL FARMS UNDER YOUR MANAGEMENT Acres of: 2010 (Actual) 2011 (Intended) 2011 Expected Price* Upland cotton 10,76912,263 (c/lb.) ELS cotton (c/lb.) Corn ($/bu.) Wheat ($/bu.) Soybeans ($/bu.) Other crops Total crop acres *Includes marketing loan gain. To respond online, please go to U.S.

2011 Southeast Acreage Thousand Acres 2010 Actual 2011 Intended % Change Alabama Florida Georgia 1,3301, North Carolina South Carolina Virginia Southeast 2,5972, Total may not add due to rounding.

2011 Mid-South Acreage Thousand Acres 2010 Actual 2011 Intended % Change Arkansas Louisiana Mississippi Missouri Tennessee Mid-South 1,9202, Total may not add due to rounding.

2011 Southwest Acreage Thousand Acres 2010 Actual 2011 Intended % Change Kansas Oklahoma Texas 5,5506, Southwest 5,8866, Total may not add due to rounding.

2011 West Acreage Thousand Acres 2010 Actual 2011 Intended % Change Arizona California New Mexico West Total may not add due to rounding.

2011 ELS Acreage Thousand Acres 2010 Actual 2011 Intended % Change Arizona California New Mexico Texas West Total may not add due to rounding.

2011 US Planting Intentions Thousand Acres 2010 Actual 2011 Intended % Change Southeast 2,5972, Mid-South 1,9202, Southwest 5,8866, West ALL UPLAND 10,76912, ALL ELS ALL COTTON 10,97312, Total may not add due to rounding.

Indexed Futures Prices Relative to December 15, 2010 Survey Period Planting Decisions Finalized

US Cotton Production

US Cottonseed Production

US Balance Sheet 09/1010/1111/12Change Production Mill Use Exports Stocks Million Bales

World Balance Sheet 09/1010/1111/12Change Production Mill Use Trade Stocks Million Bales

World Stocks-to-Use