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MP_CN002 Memphis, TN Cotton and Tobacco Progr 08-Mar-19
Spot quotations and differences are for cotton equal to the official standards, net weight, in mixed lots. Upland quotations are
FOB car/truck, which includes compression and any brokerage charges. The upland base quality is color 41, leaf grade 4,
staple 34 (1.05 to 1.07), mike 3.5, 3.6 and 4.3 to 4.9, strength 27.0 to 28.9 grams per tex and uniformity 81.0 to 81.9.
American Pima quotations are UD free, FOB warehouse, and brokerage fees included.
UPLAND SPOT PRICE QUOTATIONS SPOT TRANSACTIONS
Color 41 Color 31 Number of bales provided
Growth Basis Leaf 4 Leaf 3 to Cotton Program
Area ICE Futures Staple 34Staple 35 Today Season
Points Month cents/lb.cents/lb. bales bales
Southeast -325 May-19 70.24 72.49 0 18,361
North Delta -450 May-19 68.99 70.74 0 4,024
South Delta -450 May-19 68.99 70.74 0 1,723
East TX-OK -650 May-19 66.99 69.49 1,941 289,677
West Texas -650 May-19 66.99 69.74 3,233 428,365
Desert SW -725 May-19 66.24 70.24 0 30,774
SJ Valley -675 May-19 66.74 75.64 0 0
Upland total
Average -561 May-19 67.88 71.30 5,174 772,924
Previous -561 May-19 67.50 70.92
AMERICAN PIMA SPOT PRICE QUOTATIONS
Grade 2 Grade 3 Grade 3 SPOT TRANSACTIONS
Staple 46Staple 44Staple 46
AP total
American Pima 120.00 97.50 105.25 0 3,453
NEW YORK FUTURES - CONTRACT NO. 2 2/ 7-MARKET AVERAGE
COLOR 41 LEAF 4, STAPLE 34, MIKE 35-49, BASE QUOTATIONS
STRENGTH 25 OR GREATER. FOR UPLAND COTTON
Month Cents per pound Season high
Today Previous Change 8/2/2018 85.65
May-19 73.49 73.11 0.38 Season low
Jul-19 74.63 74.30 0.33 2/13/2019 65.15
Oct-19 73.99 73.75 0.24
Dec-19 73.50 73.38 0.12 EFFECTIVE Mar 08 - Mar 14
Mar-20 74.40 74.37 0.03 AWP 63.42
May-20 74.82 74.77 0.05 CC ADJ. 0.00
Jul-20 75.10 75.05 0.05 FCA 2016 Cr 0.44
Oct-20 73.68 73.63 0.05 FCA 2017 Cr 0.49
Dec-20 72.68 72.45 0.23 LDP 0.00
Mar-21 72.92 72.69 0.23
EFFECTIVE Mar 08 - Mar 14
PCP 0.00
AVERAGE PREMIUMS AND DISCOUNTS - TENDERABLE QUALITIES 3/
COLOR COLOR COLOR COLOR COLOR
11 21 31 41 51
STAPLE 33
LEAF 1 & 2 -73 -73 -113 -260 -480
3 -88 -88 -123 -270 -485
4 -195 -195 -245 -365 -515
5 -310 -310 -340 -470 -675
STAPLE 34
LEAF 1 & 2 147 147 92 49 -250
3 122 122 87 44 -270
4 70 70 50 0 -325
5 -80 -80 -115 -245 -470
STAPLE 35
LEAF 1 & 2 355 355 300 140 -170
3 300 300 265 92 -185
4 175 175 130 60 -255
5 55 55 -5 -145 -395
Staple 36
Leaf 1 & 2 504 504 459 227 -123
3 469 469 434 177 -133
4 312 312 252 127 -205
5 160 160 80 -58 -350
Staple 37
Leaf 1 & 2 557 557 511 239 -116
3 502 502 471 194 -126
4 344 344 274 154 -188
5 182 182 99 -41 -335
COLOR COLOR COLOR
12 22 32
STAPLE 33
LEAF 1 & 2 -255 -255 -370
3 -270 -270 -385
4
5
STAPLE 34
LEAF 1 & 2 55 55 -100
3 45 45 -120
4
5
STAPLE 35
LEAF 1 & 2 185 185 10
3 145 145 -20
4
5
Staple 36
Leaf 1 & 2 292 292 72
3 242 242 47
4
5
Staple 37
Leaf 1 & 2 334 334 99
3 284 284 74
4 0NOT TENDE 0
5 0NOT TENDE 0
1/ Settlement prices provided by ICE Futures US. 2/ The average of the
differences from the Southeast, North and South Delta average, East Texas-Oklahoma,
West Texas, and Desert Southwest markets.
Cotton and Tobacco Program, Market News Division
3275 Appling Rd
Memphis, TN 38133
(901) 384-3016
www.ams.usda.gov/mnreports/mp_cn002.txt