United States Department of Agriculture (USDA) Agricultural Marketing Service (AMS) announces Daily spot cotton front page quotations:
MP_CN002 Memphis, TN Cotton Program, MNB 05-Jul-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 -425 Oct-06 47.00 49.50 440 161,988 North Delta -450 Oct-06 46.75 49.75 1,508 177,500 South Delta -450 Oct-06 46.75 50.00 803 117,633 East TX-OK -250 Oct-06 48.75 52.50 944 250,287 West Texas -250 Oct-06 48.75 53.75 274 1,131,081
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