MP_CN002 Memphis, TN Cotton Program, MNB 23-Jun-06
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 -525 Oct-06 46.86 49.36 210 158,679
North Delta -525 Oct-06 46.86 49.86 672 174,484
South Delta -525 Oct-06 46.86 50.11 0 116,830
East TX-OK -361 Oct-06 48.50 52.25 0 247,681
West Texas -336 Oct-06 48.75 53.25 8,746 1,082,336
Desert SW -750 Oct-06 44.61 51.86 0 40,967
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