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MP_CN002 Memphis, TN Cotton and Tobacco Progr 22-Jul-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 -300 Oct-19 59.79 62.04 0 38,842
North Delta -425 Oct-19 58.54 60.79 1,525 14,962
South Delta -425 Oct-19 58.54 60.79 0 10,846
East TX-OK -600 Oct-19 56.79 59.04 689 527,267
West Texas -600 Oct-19 56.79 59.54 141 624,958
Desert SW -775 Oct-19 55.04 59.04 0 50,418
SJ Valley -725 Oct-19 55.54 64.44 0 0
Upland total
Average -550 Oct-19 57.29 60.81 2,355 1,267,293
Previous -550 Oct-19 56.75 60.27
AMERICAN PIMA SPOT PRICE QUOTATIONS
Grade 2 Grade 3 Grade 3 SPOT TRANSACTIONS
Staple 46Staple 44Staple 46
AP total
American Pima 120.00 97.50 105.25 0 4,323
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 8/2/2018 85.65
Oct-19 62.79 62.25 0.54 Season low
Dec-19 63.36 63.07 0.29 7/18/2019 55.28
Mar-20 64.15 63.98 0.17
May-20 65.05 64.97 0.08 EFFECTIVE Jul 19 - Jul 25
Jul-20 65.87 65.88 -0.01 AWP 55.81
Oct-20 65.37 65.48 -0.11 CC ADJ. 0.00
Dec-20 65.67 65.73 -0.06 FCA 2016 Cr 0.00
Mar-21 66.72 66.78 -0.06 FCA 2017 Cr 0.00
May-21 67.72 67.78 -0.06 LDP 0.00
Jul-21 68.57 68.63 -0.06
EFFECTIVE Jul 19 - Jul 25
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 -73 -73 -118 -260 -485
3 -88 -88 -128 -270 -490
4 -195 -195 -245 -365 -520
5 -330 -330 -370 -510 -700
STAPLE 34
LEAF 1 & 2 157 157 97 59 -250
3 132 132 92 54 -270
4 80 80 60 0 -325
5 -110 -110 -145 -285 -518
STAPLE 35
LEAF 1 & 2 365 365 305 150 -170
3 310 310 270 102 -185
4 185 185 140 65 -260
5 25 25 -35 -190 -445
Staple 36
Leaf 1 & 2 514 514 464 232 -123
3 479 479 439 182 -133
4 322 322 257 122 -210
5 125 125 45 -113 -400
Staple 37
Leaf 1 & 2 562 562 516 244 -116
3 507 507 476 199 -126
4 349 349 279 149 -193
5 147 147 64 -96 -385
COLOR COLOR COLOR
12 22 32
STAPLE 33
LEAF 1 & 2 -255 -255 -370
3 -270 -270 -385
4
5
STAPLE 34
LEAF 1 & 2 55 55 -100
3 45 45 -120
4
5
STAPLE 35
LEAF 1 & 2 185 185 10
3 145 145 -20
4
5
Staple 36
Leaf 1 & 2 292 292 72
3 242 242 47
4
5
Staple 37
Leaf 1 & 2 334 334 99
3 284 284 74
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
