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MP_CN002 Memphis, TN Cotton and Tobacco Progr 15-Jul-20
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 -200 Oct-20 60.59 62.84 0 66,223
North Delta -300 Oct-20 59.59 61.84 0 130,639
South Delta -300 Oct-20 59.59 61.84 0 14,320
East TX-OK -450 Oct-20 58.09 60.34 532 556,724
West Texas -450 Oct-20 58.09 60.59 197 771,913
Desert SW -675 Oct-20 55.84 59.84 0 54,301
SJ Valley -625 Oct-20 56.34 65.24 0 0
Upland total
Average -429 Oct-20 58.30 61.79 729 1,594,120
Previous -429 Oct-20 58.40 61.89
AMERICAN PIMA SPOT PRICE QUOTATIONS
Grade 2 Grade 3 Grade 3 SPOT TRANSACTIONS
Staple 46Staple 44Staple 46
AP total
American Pima 110.00 90.50 98.25 0 2,064
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 1/13/2020 67.07
Oct-20 62.59 62.69 -0.10 Season low
Dec-20 62.13 62.63 -0.50 4/1/2020 43.23
Mar-21 62.85 63.31 -0.46
May-21 63.52 64.01 -0.49 EFFECTIVE Jul 10 - Jul 16
Jul-21 64.08 64.61 -0.53 AWP 51.48
Oct-21 63.19 63.88 -0.69 CC ADJ. 0.00
Dec-21 62.69 63.20 -0.51 FC ADJ. - 2 0.53
Mar-22 63.49 64.00 -0.51 FC ADJ. - 2 0.38
May-22 64.19 64.70 -0.51 LDP 0.52
Jul-22 64.84 65.35 -0.51
EFFECTIVE Jul 10 - Jul 16
PCP 6.00
AVERAGE PREMIUMS AND DISCOUNTS - TENDERABLE QUALITIES 3/
COLOR COLOR COLOR COLOR COLOR
11 21 31 41 51
STAPLE 33
LEAF 1 & 2 -108 -108 -158 -300 -515
3 -128 -128 -168 -310 -520
4 -230 -230 -280 -390 -550
5 -350 -350 -395 -530 -710
STAPLE 34
LEAF 1 & 2 132 132 67 45 -275
3 107 107 62 39 -295
4 55 55 40 0 -350
5 -125 -125 -160 -300 -523
STAPLE 35
LEAF 1 & 2 370 370 300 150 -175
3 315 315 265 102 -190
4 170 170 130 50 -270
5 20 20 -40 -195 -445
Staple 36
Leaf 1 & 2 564 564 499 247 -138
3 524 524 469 197 -148
4 337 337 277 142 -230
5 115 115 40 -108 -405
Staple 37
Leaf 1 & 2 612 612 561 259 -131
3 557 557 516 209 -141
4 364 364 309 164 -213
5 142 142 64 -86 -385
COLOR COLOR COLOR
12 22 32
STAPLE 33
LEAF 1 & 2 -275 -275 -380
3 -290 -290 -395
4
5
STAPLE 34
LEAF 1 & 2 30 30 -120
3 20 20 -140
4
5
STAPLE 35
LEAF 1 & 2 180 180 10
3 140 140 -15
4
5
Staple 36
Leaf 1 & 2 292 292 62
3 237 237 37
4
5
Staple 37
Leaf 1 & 2 339 339 94
3 279 279 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
