Upland spot & NY cotton futures quotes

                           Upland total
 Average    -316   Jul-06    46.01   51.01     0   1,763,424
 Previous    -321   Jul-06    46.15   51.15
 
 
       AMERICAN PIMA SPOT PRICE QUOTATIONS
 
             Grade 2  Grade 3  Grade 3  SPOT TRANSACTIONS
            Staple 46 Staple 44 Staple 46
 Desert SW         124.50  107.00  112.00     0     2,048
 SJ Valley         128.50  110.25  115.25     0    17,347
                              AP total
                                0    19,395
 
 
 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       2/14/2006     53.25
 Jul-06      49.17   49.36   -0.19         Season low
 Oct-06      52.25   52.40   -0.15      8/15/2005     43.46
 Dec-06      53.91   54.11   -0.20
 Mar-07      56.10   56.32   -0.22     EFFECTIVE May 19 - May 25
 May-07      57.00   57.20   -0.20         AWP     41.86
 Jul-07    57.95   58.15   -0.20       CC ADJ.      0.00