MP_CN002 Memphis, TN Cotton Program, MNB 22-Jun-06
Spot quotations and differences are for cotton equal to the
official standards, net weight, in mixed lots.
Upland quotations areFOB 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 -525 Oct-06 47.66 50.16 767 158,469
North Delta -525 Oct-06 47.66 50.66 28 173,812
South Delta -525 Oct-06 47.66 50.91 96 116,830
East TX-OK -441 Oct-06 48.50 52.25 0 247,681
West Texas -441 Oct-06 48.50 53.00 6,134 1,073,590
Desert SW -750 Oct-06 45.41 52.66 0 40,967
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