MP_CN001                            0
MEMPHIS, TN                 2/21/2019        USDA Cotton and Tobacco Program, MND

       MARKET        41-4/34 31-3/35  BALES    FUTURES     TODAY
                                                Mar-19     72.19
SOUTHEAST             70.76   73.01    882      May-19     74.01
NORTH DELTA           69.51   71.26     0       Jul-19     74.99
SOUTH DELTA           69.51   71.26     0       Oct-19     74.45
EAST TX-OK            67.51   70.01   10825     Dec-19     73.94
WEST TEXAS            67.51   70.26   15066     Mar-20     74.97
DESERT SW             66.51   70.51    2000     May-20     75.40
SJ VALLEY             67.01   75.91     0       Jul-20     75.69
                                                Oct-20     74.16
AVERAGE               68.33   71.75   28773     Dec-20     72.78
COTTON QUOTATIONS FOR SELECTED QUALITIES                   MIKE             STRENGTH
                                                         24 & Belo -1850   19.0 - 19.9   -300
EAST TX-OK            31-3    41-4     32-3      42-4      25-26   -1850   20.0 - 20.9   -300
      STAPLE 32       -350    -425     -700      -775      27-29   -1175   21.0 - 21.9   -275
      STAPLE 33       -150    -325     -525      -675      30-32    -825   22.0 - 22.9   -250
      STAPLE 34        125      0      -125      -200      33-34    -600   23.0 - 23.9   -225
      STAPLE 35        250     75      -100      -175    Base 35-3   0     24.0 - 24.9   -225
      STAPLE 36        425     125      25       -125      37-42     0     25.0 - 25.9   -150
      STAPLE 37        475     150      75       -75     Base 43-4   0     26.0 - 26.9   -100
                                                           50-52    -250  Base 27.0 - 2   0
        Prep            1        -200                    53 & Abov  -375   29.0 - 29.9    0
                        2        -500                                      30.0 - 30.9    25
        Bark            1        -300                                      31.0 - 32.9    25
                        2        -525                                     33.0 & above    25
        Other           1        -550
                        2        -600

WEST TEXAS            31-3    41-4     32-3      42-4    24 & Belo -1800   19.0 - 19.9   -300
      STAPLE 32       -315    -450     -550      -725      25-26   -1800   20.0 - 20.9   -300
      STAPLE 33       -115    -375     -350      -600      27-29   -1150   21.0 - 21.9   -275
      STAPLE 34        85       0      -100      -250      30-32    -825   22.0 - 22.9   -250
      STAPLE 35        275     75      -25       -175      33-34    -600   23.0 - 23.9   -225
      STAPLE 36        425     125      25       -50     Base 35-3   0     24.0 - 24.9   -225
      STAPLE 37        500     150     100        0        37-42     0     25.0 - 25.9   -150
                                                         Base 43-4   0     26.0 - 26.9   -100
        Prep            1        -200                      50-52    -250  Base 27.0 - 2   0
                        2        -200                    53 & Abov  -375   29.0 - 29.9    0
        Bark            1        -200                                      30.0 - 30.9    25
                        2        -200                                      31.0 - 32.9    25
        Other           1        -200                                     33.0 & above    25
                        2        -200
Feb 15 - Feb 21
                 AWP   62.27
             CC ADJ.    0.00
       FC ADJ. - 2017   0.23
       FC ADJ. - 2018   0.28
                 LDP    0.00


Cotton and Tobacco Program, Market News Division
3275 Appling Rd
Memphis, TN  38133
(901) 384-3016
www.ams.usda.gov/mnreports/mp_cn001.txt