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USDA-MP: Daily Spot Quotations, excerpts

MEMPHIS, TN - 7/12/2018 - USDA Cotton and Tobacco Program, MND


       MARKET        41-4/34 31-3/35  BALES    FUTURES     TODAY
                                                Oct-18     89.24
SOUTHEAST             88.74   90.99     0       Dec-18     88.54
NORTH DELTA           87.74   89.49     0       Mar-19     88.35
SOUTH DELTA           87.74   89.49     0       May-19     88.23
EAST TX-OK            84.00   86.50    1349     Jul-19     88.15
WEST TEXAS            84.00   86.50    2349     Oct-19     82.72
DESERT SW             83.49   87.49     39      Dec-19     81.39
SJ VALLEY             83.99   92.89     0       Mar-20     81.30
                                                May-20     81.25
AVERAGE               85.67   89.05    3737     Jul-20     81.32
COTTON QUOTATIONS FOR SELECTED QUALITIES                   MIKE             STRENGTH
                                                         24 & Belo -2475   19.0 - 19.9   -300
EAST TX-OK            31-3    41-4     32-3      42-4      25-26   -2475   20.0 - 20.9   -300
      STAPLE 32       -350    -425     -550      -625      27-29   -1600   21.0 - 21.9   -275
      STAPLE 33       -150    -325     -400      -550      30-32   -1250   22.0 - 22.9   -250
      STAPLE 34        125      0      -100      -175      33-34   -1025   23.0 - 23.9   -225
      STAPLE 35        250     75      -75       -150    Base 35-3   0     24.0 - 24.9   -225
      STAPLE 36        375     175      75       -75       37-42     0     25.0 - 25.9   -150
      STAPLE 37        425     200     125       -25     Base 43-4   0     26.0 - 26.9   -100
                                                           50-52    -250  Base 27.0 - 2   0
        Prep            1        -200                    53 & Abov  -375   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 -2475   19.0 - 19.9   -300
      STAPLE 32       -315    -450     -425      -600      25-26   -2475   20.0 - 20.9   -300
      STAPLE 33       -115    -375     -250      -500      27-29   -1600   21.0 - 21.9   -275
      STAPLE 34        85       0      -125      -250      30-32   -1250   22.0 - 22.9   -250
      STAPLE 35        250     75      -50       -175      33-34   -1025   23.0 - 23.9   -225
      STAPLE 36        350     175      50        0      Base 35-3   0     24.0 - 24.9   -225
      STAPLE 37        425     200     125        50       37-42     0     25.0 - 25.9   -150
                                                         Base 43-4   0     26.0 - 26.9   -100
        Prep            1        -200                      50-52    -250  Base 27.0 - 2   0
                        2        -500                    53 & Abov  -375   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
Jul 06 - Jul 12
                 AWP   74.59
             CC ADJ.    0.00
       FC ADJ. - 2017   0.64
       FC ADJ. - 2018   0.69
                 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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