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MP_CN002 Memphis, TN Cotton and Tobacco Progr 04-Dec-19
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. 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 27.0 to 28.9 grams per tex and uniformity 81.0 to 81.9.
American Pima quotations are UD free, FOB warehouse, and brokerage fees included.
UPLAND SPOT PRICE QUOTATIONS SPOT TRANSACTIONS
Color 41 Color 31 Number of bales provided
Growth Basis Leaf 4 Leaf 3 to Cotton Program
Area ICE Futures Staple 34Staple 35 Today Season
Points Month cents/lb.cents/lb. bales bales
Southeast -150 Mar-20 63.20 65.45 859 19,695
North Delta -300 Mar-20 61.70 63.95 0 64,798
South Delta -300 Mar-20 61.70 63.95 0 2,835
East TX-OK -525 Mar-20 59.45 61.70 1,290 183,023
West Texas -525 Mar-20 59.45 61.95 8,944 157,226
Desert SW -750 Mar-20 57.20 61.20 826 11,140
SJ Valley -700 Mar-20 57.70 66.60 0 0
Upland total
Average -464 Mar-20 60.06 63.54 11,919 438,717
Previous -464 Mar-20 59.41 62.93
AMERICAN PIMA SPOT PRICE QUOTATIONS
Grade 2 Grade 3 Grade 3 SPOT TRANSACTIONS
Staple 46Staple 44Staple 46
AP total
American Pima 113.00 90.50 98.25 0 400
NEW YORK FUTURES - CONTRACT NO. 2 2/ 7-MARKET AVERAGE
COLOR 41 LEAF 4, STAPLE 34, MIKE 35-49, BASE QUOTATIONS
STRENGTH 25 OR GREATER. FOR UPLAND COTTON
Month Cents per pound Season high
Today Previous Change 10/30/2019 62.84
Dec-19 63.17 63.10 0.07 Season low
Mar-20 64.70 64.05 0.65 8/5/2019 52.73
May-20 65.61 65.15 0.46
Jul-20 66.50 66.16 0.34 EFFECTIVE Nov 29 - Dec 05
Oct-20 66.96 66.51 0.45 AWP 56.20
Dec-20 67.06 66.96 0.10 CC ADJ. 0.00
Mar-21 67.72 67.56 0.16 FC ADJ. - 2 0.37
May-21 67.98 67.81 0.17 FC ADJ. - 2 0.22
Jul-21 68.08 67.91 0.17 LDP 0.00
Oct-21 67.48 67.31 0.17
EFFECTIVE Nov 29 - Dec 05
PCP 0.00
AVERAGE PREMIUMS AND DISCOUNTS - TENDERABLE QUALITIES 3/
COLOR COLOR COLOR COLOR COLOR
11 21 31 41 51
STAPLE 33
LEAF 1 & 2 -98 -98 -138 -280 -505
3 -113 -113 -148 -290 -510
4 -215 -215 -265 -380 -540
5 -340 -340 -380 -520 -710
STAPLE 34
LEAF 1 & 2 137 137 82 44 -265
3 112 112 77 39 -285
4 60 60 45 0 -340
5 -120 -120 -155 -295 -523
STAPLE 35
LEAF 1 & 2 355 355 300 145 -175
3 300 300 265 97 -190
4 170 170 130 55 -270
5 20 20 -40 -195 -445
Staple 36
Leaf 1 & 2 534 534 484 232 -128
3 494 494 454 182 -138
4 327 327 262 117 -220
5 125 125 45 -113 -400
Staple 37
Leaf 1 & 2 572 572 531 244 -121
3 517 517 486 199 -131
4 354 354 284 144 -203
5 147 147 64 -96 -385
COLOR COLOR COLOR
12 22 32
STAPLE 33
LEAF 1 & 2 -275 -275 -390
3 -290 -290 -405
4
5
STAPLE 34
LEAF 1 & 2 35 35 -120
3 25 25 -140
4
5
STAPLE 35
LEAF 1 & 2 175 175 0
3 135 135 -30
4
5
Staple 36
Leaf 1 & 2 287 287 62
3 232 232 37
4
5
Staple 37
Leaf 1 & 2 329 329 89
3 274 274 64
4 0NOT TENDE 0
5 0NOT TENDE 0
1/ Settlement prices provided by ICE Futures US. 2/ The average of the
differences from the Southeast, North and South Delta average, East Texas-Oklahoma,
West Texas, and Desert Southwest markets.
Cotton and Tobacco Program, Market News Division
3275 Appling Rd
Memphis, TN 38133
(901) 384-3016
www.ams.usda.gov/mnreports/mp_cn002.txt
