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USDA-MP: Daily Spot Quotations, excerpts

MEMPHIS, TN - 5/17/2018 - USDA Cotton and Tobacco Program, MND


       MARKET        41-4/34 31-3/35  BALES    FUTURES     TODAY
                                                Jul-18     85.03
SOUTHEAST             85.53   87.78     0       Oct-18     83.03
NORTH DELTA           84.03   85.78     0       Dec-18     81.45
SOUTH DELTA           84.03   85.78     0       Mar-19     81.36
EAST TX-OK            77.25   79.00    8161     May-19     81.68
WEST TEXAS            75.75   77.50    779      Jul-19     81.77
DESERT SW             80.03   84.03     0       Oct-19     78.81
SJ VALLEY             80.53   89.43     0       Dec-19     76.18
                                                Mar-20     76.20
AVERAGE               81.02   84.19    8940     May-20     76.42
COTTON QUOTATIONS FOR SELECTED QUALITIES                   MIKE             STRENGTH
                                                         24 & Belo -2350   19.0 - 19.9   -300
EAST TX-OK            31-3    41-4     32-3      42-4      25-26   -2350   20.0 - 20.9   -300
      STAPLE 32       -300    -375     -500      -575      27-29   -1475   21.0 - 21.9   -275
      STAPLE 33       -100    -275     -350      -500      30-32   -1125   22.0 - 22.9   -250
      STAPLE 34        50       0      -100      -175      33-34    -900   23.0 - 23.9   -225
      STAPLE 35        175      0      -75       -150    Base 35-3   0     24.0 - 24.9   -225
      STAPLE 36        300     100      75       -75       37-42     0     25.0 - 25.9   -150
      STAPLE 37        350     125     125       -25     Base 43-4   0     26.0 - 26.9   -100
                                                           50-52    -225  Base 27.0 - 2   0
        Prep            1        -200                    53 & Abov  -350   29.0 - 29.9    0
                        2        -500                                      30.0 - 30.9    25
        Bark            1        -350                                      31.0 - 32.9    25
                        2        -525                                     33.0 & above    25
        Other           1        -550
                        2        -600

WEST TEXAS            31-3    41-4     32-3      42-4    24 & Belo -2350   19.0 - 19.9   -300
      STAPLE 32       -265    -400     -375      -550      25-26   -2350   20.0 - 20.9   -300
      STAPLE 33        -65    -325     -200      -450      27-29   -1475   21.0 - 21.9   -275
      STAPLE 34        10       0      -125      -250      30-32   -1125   22.0 - 22.9   -250
      STAPLE 35        175      0      -50       -175      33-34    -900   23.0 - 23.9   -225
      STAPLE 36        275     100      50        0      Base 35-3   0     24.0 - 24.9   -225
      STAPLE 37        350     125     125        50       37-42     0     25.0 - 25.9   -150
                                                         Base 43-4   0     26.0 - 26.9   -100
        Prep            1        -200                      50-52    -225  Base 27.0 - 2   0
                        2        -500                    53 & Abov  -350   29.0 - 29.9    0
        Bark            1        -350                                      30.0 - 30.9    25
                        2        -525                                      31.0 - 32.9    25
        Other           1        -550                                     33.0 & above    25
                        2        -600
May 11 - May 17
                 AWP   75.58
             CC ADJ.    0.00
       FC ADJ. - 2017   1.19
       FC ADJ. - 2018   1.24
                 LDP    0.00


Cotton and Tobacco Program, Market News Division
3275 Appling Rd
Memphis, TN  38133
(901) 384-3016
www.ams.usda.gov/mnreports/mp_cn001.txt

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