MP_CN002 Memphis, TN Cotton Program, MNB
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. American Pima quotations are FOB
warehouse and do not include compression 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 26.5 to 28.4 grams
per tex and uniformity 80.5 to 81.4.
UPLAND SPOT PRICE QUOTATIONS SPOT TRANSACTIONS
Color 41 Color 31 Usuable sales provided
Growth Basis Leaf 4 Leaf 3 to Cotton Programs
Area N.Y. Futures Staple 34 Staple 35 Today Season
Points Month cents/lb. cents/lb. bales bales
Southeast -250 Jul-06 46.67 48.92 0 142,538
North Delta -275 Jul-06 46.42 49.42 0 163,347
South Delta -275 Jul-06 46.42 49.42 0 111,800
East TX-OK -317 Jul-06 46.00 49.75 0 245,311
West Texas -317 Jul-06 46.00 50.50 0 1,037,900
Desert SW -475 Jul-06 44.42 51.67 0 40,967
SJ Valley -300 Jul-06 46.17 57.42 0 21,561
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