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MP_CN002 Memphis, TN Cotton and Tobacco Progr 14-Nov-18
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 Dec-18 75.39 77.64 0 1,008
North Delta -175 Dec-18 74.64 76.39 0 355
South Delta -175 Dec-18 74.64 76.39 0 1,698
East TX-OK -525 Dec-18 71.14 73.64 565 37,464
West Texas -525 Dec-18 71.14 73.64 1,010 9,876
Desert SW -575 Dec-18 70.64 74.64 0 4,286
SJ Valley -525 Dec-18 71.14 80.04 0 0
Upland total
Average -371 Dec-18 72.68 76.05 1,575 54,687
Previous -379 Dec-18 72.07 75.45
AMERICAN PIMA SPOT PRICE QUOTATIONS
Grade 2 Grade 3 Grade 3 SPOT TRANSACTIONS
Staple 46Staple 44Staple 46
AP total
American Pima 132.00 109.50 117.25 0 0
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
Dec-18 76.39 75.86 0.53 Season low
Mar-19 78.35 77.66 0.69 11/13/2018 72.07
May-19 79.63 78.99 0.64
Jul-19 80.75 80.15 0.60 EFFECTIVE Nov 09 - Nov 15
Oct-19 78.22 77.62 0.60 AWP 69.86
Dec-19 77.50 77.14 0.36 CC ADJ. 0.00
Mar-20 77.95 77.63 0.32 FCA 2016 Cr 1.25
May-20 78.20 77.88 0.32 FCA 2017 Cr 1.30
Jul-20 78.40 78.08 0.32 LDP 0.00
Oct-20 74.97 74.65 0.32
EFFECTIVE Nov 09 - Nov 15
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 -68 -68 -108 -255 -470
3 -83 -83 -118 -265 -475
4 -190 -190 -240 -360 -505
5 -305 -305 -335 -460 -665
STAPLE 34
LEAF 1 & 2 152 152 97 49 -240
3 127 127 92 44 -260
4 75 75 55 0 -315
5 -75 -75 -110 -240 -460
STAPLE 35
LEAF 1 & 2 350 350 295 130 -150
3 295 295 260 87 -165
4 180 180 135 55 -235
5 65 65 5 -135 -375
Staple 36
Leaf 1 & 2 444 444 399 207 -103
3 399 399 369 162 -113
4 292 292 227 117 -185
5 145 145 65 -53 -330
Staple 37
Leaf 1 & 2 492 492 451 224 -96
3 432 432 406 184 -106
4 324 324 249 144 -168
5 167 167 84 -36 -315
COLOR COLOR COLOR
12 22 32
STAPLE 33
LEAF 1 & 2 -220 -220 -320
3 -235 -235 -335
4
5
STAPLE 34
LEAF 1 & 2 45 45 -95
3 35 35 -115
4
5
STAPLE 35
LEAF 1 & 2 150 150 30
3 110 110 0
4
5
Staple 36
Leaf 1 & 2 242 242 87
3 197 197 62
4
5
Staple 37
Leaf 1 & 2 284 284 114
3 244 244 89
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
