P_CN002 Memphis, TN Cotton Program, MNB 12-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 47.64 50.64 0 162,868
North Delta -450 Oct-06 47.39 50.39 0 179,955
South Delta -450 Oct-06 47.39 50.64 749 120,932
East TX-OK -389 Oct-06 48.00 51.75 0 250,287
West Texas -389 Oct-06 48.00 53.00 1,224 1,143,812
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