MP_CN001 0 MEMPHIS, TN 2/21/2020 USDA Cotton and Tobacco Program, MND MARKET 41-4/34 31-3/35 BALES FUTURES TODAY Mar-20 68.93 SOUTHEAST 66.75 69.00 0 May-20 69.00 NORTH DELTA 65.25 67.50 0 Jul-20 69.84 SOUTH DELTA 65.25 67.50 0 Oct-20 69.24 EAST TX-OK 63.50 65.75 2957 Dec-20 69.65 WEST TEXAS 63.00 65.50 2455 Mar-21 70.22 DESERT SW 60.75 64.75 0 May-21 70.37 SJ VALLEY 61.25 70.15 0 Jul-21 70.30 Oct-21 68.10 AVERAGE 63.68 67.16 5412 Dec-21 67.80 COTTON QUOTATIONS FOR SELECTED QUALITIES MIKE STRENGTH 24 & Belo -1900 19.0 - 19.9 -400 EAST TX-OK 31-3 41-4 32-3 42-4 25-26 -1900 20.0 - 20.9 -400 STAPLE 32 -425 -500 -700 -800 27-29 -1225 21.0 - 21.9 -375 STAPLE 33 -225 -375 -525 -700 30-32 -925 22.0 - 22.9 -375 STAPLE 34 50 0 -125 -225 33-34 -700 23.0 - 23.9 -350 STAPLE 35 225 75 -75 -175 Base 35-3 0 24.0 - 24.9 -350 STAPLE 36 425 175 0 -175 37-42 0 25.0 - 25.9 -275 STAPLE 37 500 200 50 -125 Base 43-4 0 26.0 - 26.9 -275 50-52 -300 Base 27.0 - 2 0 Prep 1 -200 53 & Abov -425 29.0 - 29.9 0 2 -500 30.0 - 30.9 0 Bark 1 -350 31.0 - 32.9 0 2 -525 33.0 & above 25 Other 1 -550 2 -600 WEST TEXAS 31-3 41-4 32-3 42-4 24 & Belo -1850 19.0 - 19.9 -400 STAPLE 32 -390 -500 -600 -750 25-26 -1850 20.0 - 20.9 -400 STAPLE 33 -215 -450 -400 -625 27-29 -1200 21.0 - 21.9 -375 STAPLE 34 60 0 -175 -325 30-32 -925 22.0 - 22.9 -375 STAPLE 35 250 0 -75 -250 33-34 -700 23.0 - 23.9 -350 STAPLE 36 450 75 -75 -150 Base 35-3 0 24.0 - 24.9 -350 STAPLE 37 475 100 -25 -100 37-42 0 25.0 - 25.9 -275 Base 43-4 0 26.0 - 26.9 -275 Prep 1 -200 50-52 -300 Base 27.0 - 2 0 2 -200 53 & Abov -425 29.0 - 29.9 0 Bark 1 -200 30.0 - 30.9 0 2 -200 31.0 - 32.9 0 Other 1 -200 33.0 & above 25 2 -200 Feb 21 - Feb 27 AWP 59.03 CC ADJ. 0.00 FC ADJ. - 2018 0.61 FC ADJ. - 2019 0.46 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