- Memphis, TN Cotton and Tobacco Progr 16-Apr-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 N.Y. Futures Staple 34Staple 35 Today Season
Points Month cents/lb.cents/lb. bales bales
Southeast 50 May-18 83.75 86.00 0 37,486
North Delta -100 May-18 82.25 84.00 0 42,672
South Delta -100 May-18 82.25 84.00 0 12,824
East TX-OK -725 May-18 76.00 77.75 5,492 732,053
West Texas -825 May-18 75.00 76.75 1,187 925,871
Desert SW -500 May-18 78.25 82.25 0 39,043
SJ Valley -450 May-18 78.75 87.65 0 760
Upland total
Average -379 May-18 79.46 82.63 6,679 1,790,709
Previous -383 May-18 79.58 82.74
AMERICAN PIMA SPOT PRICE QUOTATIONS
Grade 2 Grade 3 Grade 3 SPOT TRANSACTIONS
Staple 46Staple 44Staple 46
AP total
American Pima 147.25 124.75 132.50 0 3,674
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 3/5/2018 82.16
May-18 83.25 83.41 -0.16 Season low
Jul-18 83.22 83.35 -0.13 10/20/2017 65.24
Oct-18 79.22 79.11 0.11
Dec-18 78.54 78.91 -0.37 EFFECTIVE Apr 13 - Apr 19
Mar-19 78.67 79.03 -0.36 AWP 74.32
May-19 78.61 79.01 -0.40 CC ADJ. 0.00
Jul-19 78.26 78.72 -0.46 FCA 2016 Cr 0.95
Oct-19 75.28 75.77 -0.49 FCA 2017 Cr 1.10
Dec-19 73.50 73.50 0.00 LDP 0.00
Mar-20 73.56 73.56 0.00
EFFECTIVE Apr 13 - Apr 19
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 -48 -48 -88 -235 -430
3 -63 -63 -98 -245 -435
4 -170 -170 -220 -340 -465
5 -285 -285 -315 -420 -625
STAPLE 34
LEAF 1 & 2 122 122 67 25 -220
3 97 97 62 20 -240
4 45 45 25 0 -295
5 -105 -105 -140 -250 -440
STAPLE 35
LEAF 1 & 2 320 320 265 110 -130
3 265 265 230 67 -145
4 150 150 105 35 -215
5 35 35 -25 -145 -355
Staple 36
Leaf 1 & 2 472 472 416 204 -81
3 412 412 381 164 -91
4 289 289 224 119 -153
5 152 152 69 -51 -300
COLOR COLOR COLOR
12 22 32
STAPLE 33
LEAF 1 & 2 -180 -180 -280
3 -195 -195 -295
4 0
5 0
STAPLE 34
LEAF 1 & 2 53 53 -75
3 43 43 -95
4 0
5 0
STAPLE 35
LEAF 1 & 2 170 170 50
3 130 130 18
4 0
5 0
Staple 36
Leaf 1 & 2 299 299 129
3 254 254 104
4 0
5 0
1/ Settlement prices provided by New York Cotton Exchange. 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
