Daily spot cotton quotations

 MP_CN002  Memphis, TN Cotton Program, MNB      12-Jun-06
 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.  American Pima quotations are FOB warehouse and do not include compression 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 26.5 to 28.4 grams per tex and uniformity 80.5 to 81.4.
 
          UPLAND SPOT PRICE QUOTATIONS    SPOT TRANSACTIONS
 
                 Color 41 Color 31 Usuable sales provided
 Growth    Basis        Leaf 4  Leaf 3 to Cotton Programs
 Area     N.Y. Futures   Staple 34 Staple 35   Today    Season
        Points Month  cents/lb. cents/lb.   bales     bales
 
 Southeast   -300   Jul-06    49.70   52.20     48    156,497
 North Delta  -300   Jul-06    49.70   52.70     0    173,680
 South Delta  -300   Jul-06    49.70   52.95     0    116,734
 East TX-OK   -545   Jul-06    47.25   51.00     0    247,351
 West Texas   -545   Jul-06    47.25   51.75   1,630   1,050,788
 Desert SW   -475   Jul-06    47.95   55.20     0    40,967