Daily cotton base: select quality prices

 MP_CN001 MEMPHIS, TN     5/22/2006    USDA Cotton Program, MNB
 
  MARKET  41-4/3431-3/35 BALES  FUTURES   TODAY
                    Jul-06   49.17
 SOUTHEAST   46.67 48.92   0    Oct-06   52.25
 NORTH DELTA  46.42 49.42   0    Dec-06   53.91
 SOUTH DELTA  46.42 49.42   0    Mar-07   56.10
 EAST TX-OK  46.00 49.75   0    May-07   57.00
 WEST TEXAS  46.00 50.50   0    Jul-07   57.95
 DESERT SW   44.42 51.67   0    Oct-07   58.95
 SJ VALLEY   46.17 57.42   0    Dec-07   59.70
                    Mar-08   61.00
 AVERAGE    46.01 51.01   0    May-08   61.55
 COTTON QUOTATIONS FOR SELECTED QUALITIES     MIKE      STRENGTH
                         24 & Belo -1000  18.5-19.4  -175
 EAST TX-OK  41-4  51-5  42-4   52-5   25-26  -925  19.5-20.4  -175
  STAPLE 30  -375  -550  -400   -625   27-29  -625  20.5-21.4  -150
  STAPLE 31  -250  -475  -400   -600   30-32  -325  21.5-22.4  -125
  STAPLE 32  -225  -375  -300   -500   33-34  -175  22.5-23.4  -100
  STAPLE 33  -75  -275  -250   -450  Base 35-3  0   23.5-24.4  -100
  STAPLE 34   0   -225  -50    -375   37-42   15  24.5-25.4  -100
                         Base 43-4  0   25.5-26.4  -50