MP_CN002 Memphis, TN Cotton Program, MNB 29-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 -500 Oct-06 46.80 49.30 0 160,668
North Delta -475 Oct-06 47.05 50.05 1,508 175,992
South Delta -475 Oct-06 47.05 50.30 0 116,830
East TX-OK -280 Oct-06 49.00 52.75 0 249,343
West Texas -280 Oct-06 49.00 54.0010,751 1,119,333
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