0 MP_CN002 Memphis, TN Cotton and Tobacco Progr 29-Sep-22 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 400 Dec-22 89.16 91.41 0 1 North Delta 300 Dec-22 88.16 90.41 0 30 South Delta 300 Dec-22 88.16 90.41 0 12 East TX-OK -25 Dec-22 84.91 87.41 0 25,336 West Texas -100 Dec-22 84.16 85.66 0 887 Desert SW -200 Dec-22 83.16 85.41 0 0 SJ Valley -150 Dec-22 83.66 92.56 0 0 Upland total Average 75 Dec-22 85.91 89.04 0 26,266 Previous 75 Dec-22 89.24 92.37 AMERICAN PIMA SPOT PRICE QUOTATIONS Grade 2 Grade 3 Grade 3 SPOT TRANSACTIONS Staple 46Staple 44Staple 46 AP total American Pima 300.00 281.50 289.25 0 0 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 8/16/2022 126.61 Oct-22 87.11 90.44 -3.33 Season low Dec-22 85.16 88.49 -3.33 9/29/2022 85.91 Mar-23 82.73 85.85 -3.12 May-23 81.33 84.26 -2.93 EFFECTIVE Sep 23 - Sep 29 Jul-23 79.40 81.99 -2.59 AWP 88.88 Oct-23 75.73 77.26 -1.53 CC ADJ. 0.00 Dec-23 73.56 75.09 -1.53 FC ADJ. - 2 0.17 Mar-24 72.34 73.72 -1.38 FC ADJ. - 2 0.12 May-24 72.08 73.41 -1.33 LDP 0.00 Jul-24 72.27 73.63 -1.36 EFFECTIVE Sep 23 - Sep 29 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 -100 -100 -155 -305 -525 3 -120 -120 -170 -315 -530 4 -225 -225 -275 -395 -560 5 -345 -345 -390 -540 -720 STAPLE 34 LEAF 1 & 2 128 128 75 35 -285 3 105 105 60 20 -305 4 55 55 35 0 -360 5 -138 -138 -175 -325 -533 STAPLE 35 LEAF 1 & 2 313 313 255 140 -185 3 263 263 215 97 -200 4 180 180 145 45 -280 5 8 8 -53 -205 -455 Staple 36 Leaf 1 & 2 545 545 495 245 -148 3 505 505 460 192 -158 4 337 337 277 122 -240 5 93 93 13 -133 -420 Staple 37 Leaf 1 & 2 618 618 565 262 -141 3 566 566 515 212 -156 4 389 389 339 149 -228 5 150 150 67 -106 -405 COLOR COLOR COLOR 12 22 32 STAPLE 33 LEAF 1 & 2 -235 -235 -380 3 -250 -250 -395 4 5 STAPLE 34 LEAF 1 & 2 50 50 -120 3 45 45 -140 4 5 STAPLE 35 LEAF 1 & 2 185 185 5 3 145 145 -20 4 5 Staple 36 Leaf 1 & 2 330 330 57 3 285 285 32 4 5 Staple 37 Leaf 1 & 2 397 397 89 3 332 332 59 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