MP_CN002 Memphis, TN Cotton Program, MNB 06-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 46.90 49.40 0 161,988
North Delta -450 Oct-06 46.65 49.65 0 177,500
South Delta -450 Oct-06 46.65 49.90 0 117,633
East TX-OK -240 Oct-06 48.75 52.50 0 250,287
West Texas -240 Oct-06 48.75 53.75 4,254 1,135,335
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