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MP_CN002 Memphis, TN Cotton and Tobacco Progr 27-Aug-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 -350 Oct-20 61.26 63.51 4,595 19,680
North Delta -450 Oct-20 60.26 62.51 0 3,408
South Delta -450 Oct-20 60.26 62.51 0 4,159
East TX-OK -550 Oct-20 59.26 61.51 3,930 43,922
West Texas -550 Oct-20 59.26 61.76 1,523 35,819
Desert SW -725 Oct-20 57.51 61.51 0 3,298
SJ Valley -675 Oct-20 58.01 66.91 0 0
Upland total
Average -536 Oct-20 59.40 62.89 10,048 110,286
Previous -536 Oct-20 59.62 63.11
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 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 8/24/2020 59.80
Oct-20 64.76 64.98 -0.22 Season low
Dec-20 65.37 65.58 -0.21 8/12/2020 57.20
Mar-21 66.27 66.45 -0.18
May-21 66.96 67.02 -0.06 EFFECTIVE Aug 21 - Aug 27
Jul-21 67.44 67.36 0.08 AWP 48.60
Oct-21 65.80 65.63 0.17 CC ADJ. 0.00
Dec-21 65.50 65.33 0.17 FC ADJ. - 2 0.52
Mar-22 66.59 66.42 0.17 FC ADJ. - 2 0.47
May-22 67.09 66.87 0.22 LDP 3.40
Jul-22 67.29 67.06 0.23
EFFECTIVE Aug 21 - Aug 27
PCP 7.00
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 & 2 559 559 514 247 -138
3 514 514 484 197 -148
4 327 327 267 142 -230
5 105 105 30 -108 -405
Staple 37
Leaf 1 & 2 617 617 566 259 -131
3 562 562 521 209 -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 35 35 -120
3 30 30 -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 & 2 349 349 94
3 294 294 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.txtDaily Spot Quotations, Pg 1 (front page)