MP_CN001 0 MEMPHIS, TN 1/23/2020 USDA Cotton and Tobacco Program, MND MARKET 41-4/34 31-3/35 BALES FUTURES TODAY Mar-20 70.03 SOUTHEAST 68.78 71.03 0 May-20 70.75 NORTH DELTA 67.28 69.53 0 Jul-20 71.59 SOUTH DELTA 67.28 69.53 0 Oct-20 69.79 EAST TX-OK 64.78 67.03 0 Dec-20 70.70 WEST TEXAS 64.78 67.28 662 Mar-21 70.91 DESERT SW 62.78 66.78 700 May-21 70.55 SJ VALLEY 63.28 72.18 0 Jul-21 70.14 Oct-21 69.34 AVERAGE 65.57 69.05 1362 Dec-21 68.34 COTTON QUOTATIONS FOR SELECTED QUALITIES MIKE STRENGTH 24 & Belo -1875 19.0 - 19.9 -400 EAST TX-OK 31-3 41-4 32-3 42-4 25-26 -1875 20.0 - 20.9 -400 STAPLE 32 -425 -500 -700 -800 27-29 -1200 21.0 - 21.9 -375 STAPLE 33 -225 -375 -525 -700 30-32 -900 22.0 - 22.9 -375 STAPLE 34 50 0 -125 -225 33-34 -675 23.0 - 23.9 -350 STAPLE 35 225 75 -75 -175 Base 35-3 0 24.0 - 24.9 -350 STAPLE 36 375 125 0 -175 37-42 0 25.0 - 25.9 -275 STAPLE 37 450 150 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 25 Bark 1 -350 31.0 - 32.9 50 2 -525 33.0 & above 50 Other 1 -550 2 -600 WEST TEXAS 31-3 41-4 32-3 42-4 24 & Belo -1825 19.0 - 19.9 -400 STAPLE 32 -390 -500 -625 -750 25-26 -1825 20.0 - 20.9 -400 STAPLE 33 -215 -450 -425 -625 27-29 -1175 21.0 - 21.9 -375 STAPLE 34 60 0 -200 -325 30-32 -900 22.0 - 22.9 -375 STAPLE 35 250 0 -100 -250 33-34 -675 23.0 - 23.9 -350 STAPLE 36 400 25 -100 -150 Base 35-3 0 24.0 - 24.9 -350 STAPLE 37 425 50 -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 25 2 -200 31.0 - 32.9 50 Other 1 -200 33.0 & above 50 2 -200 Jan 17 - Jan 23 AWP 61.40 CC ADJ. 0.00 FC ADJ. - 2018 0.63 FC ADJ. - 2019 0.48 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