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MP_CN002 Memphis, TN Cotton and Tobacco Progr 21-Jan-22
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 100 Mar-22 121.75 124.00 0 24,497
North Delta -25 Mar-22 120.50 122.75 0 6,856
South Delta -25 Mar-22 120.50 122.75 0 5,668
East TX-OK -600 Mar-22 114.75 117.00 2,161 306,297
West Texas -600 Mar-22 114.75 116.50 7,065 740,404
Desert SW -675 Mar-22 114.00 116.50 850 8,987
SJ Valley -625 Mar-22 114.50 123.40 0 0
Upland total
Average -350 Mar-22 117.25 120.41 10,076 1,092,709
Previous -350 Mar-22 119.37 122.53
AMERICAN PIMA SPOT PRICE QUOTATIONS
Grade 2 Grade 3 Grade 3 SPOT TRANSACTIONS
Staple 46Staple 44Staple 46
AP total
American Pima 300.00 281.50 289.25 206 14,603
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 1/19/2022 120.49
Mar-22 120.75 122.87 -2.12 Season low
May-22 117.98 119.67 -1.69 9/20/2021 85.77
Jul-22 115.44 116.87 -1.43
Oct-22 104.09 104.77 -0.68 EFFECTIVE Jan 21 - Jan 27
Dec-22 98.85 99.01 -0.16 AWP 110.44
Mar-23 95.85 95.89 -0.04 CC ADJ. 0.00
May-23 93.35 93.29 0.06 FC ADJ. - 2 0.72
Jul-23 90.90 90.60 0.30 FC ADJ. - 2 0.97
Oct-23 85.45 85.00 0.45 LDP 0.00
Dec-23 80.35 80.45 -0.10
EFFECTIVE Jan 21 - Jan 27
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 -93 -93 -148 -305 -525
3 -113 -113 -163 -315 -530
4 -220 -220 -275 -395 -560
5 -345 -345 -390 -540 -720
STAPLE 34
LEAF 1 & 2 133 133 77 35 -285
3 107 107 62 20 -305
4 55 55 35 0 -360
5 -138 -138 -175 -325 -533
STAPLE 35
LEAF 1 & 2 316 316 260 135 -185
3 266 266 220 92 -200
4 175 175 140 40 -280
5 8 8 -53 -205 -455
Staple 36
Leaf 1 & 2 535 535 489 240 -148
3 490 490 459 187 -158
4 332 332 277 122 -235
5 93 93 18 -128 -415
Staple 37
Leaf 1 & 2 608 608 561 257 -141
3 553 553 511 207 -156
4 384 384 339 149 -223
5 150 150 72 -101 -400
COLOR COLOR COLOR
12 22 32
STAPLE 33
LEAF 1 & 2 -230 -230 -380
3 -245 -245 -395
4
5
STAPLE 34
LEAF 1 & 2 50 50 -120
3 45 45 -140
4
5
STAPLE 35
LEAF 1 & 2 185 185 0
3 145 145 -25
4
5
Staple 36
Leaf 1 & 2 325 325 52
3 280 280 27
4
5
Staple 37
Leaf 1 & 2 392 392 84
3 327 327 54
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
