Daily Spot Quotations, Pg 1 (front page) USDA - Thu Nov 12, 7:46PM UTC 0
MP_CN002 Memphis, TN Cotton and Tobacco Progr 12-Nov-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 -125 Dec-20 67.23 69.48 0 39,772
North Delta -225 Dec-20 66.23 68.48 0 4,728
South Delta -225 Dec-20 66.23 68.48 0 9,911
East TX-OK -500 Dec-20 63.48 65.98 505 134,545
West Texas -500 Dec-20 63.48 66.23 2,609 142,864
Desert SW -675 Dec-20 61.73 65.73 150 8,071
SJ Valley -625 Dec-20 62.23 71.13 0 0
Upland total
Average -411 Dec-20 64.37 67.93 3,264 339,891
Previous -411 Dec-20 65.17 68.73
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 10/27/2020 67.28
Dec-20 68.48 69.28 -0.80 Season low
Mar-21 70.62 71.38 -0.76 8/12/2020 57.20
May-21 71.56 72.34 -0.78
Jul-21 72.28 73.06 -0.78 EFFECTIVE Nov 06 - Nov 12
Oct-21 69.92 70.57 -0.65 AWP 56.01
Dec-21 69.17 69.94 -0.77 CC ADJ. 0.00
Mar-22 70.04 70.83 -0.79 FC ADJ. - 2 0.71
May-22 70.39 71.18 -0.79 FC ADJ. - 2 0.66
Jul-22 70.64 71.33 -0.69 LDP 0.00
Oct-22 68.39 69.08 -0.69
EFFECTIVE Nov 06 - Nov 12
PCP 8.40
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 & 2 137 137 72 45 -275
3 112 112 67 39 -295
4 55 55 40 0 -350
5 -125 -125 -160 -300 -523
STAPLE 35
LEAF 1 & 2 380 380 310 150 -175
3 325 325 275 102 -190
4 170 170 130 50 -270
5 20 20 -40 -195 -445
Staple 36
Leaf 1 & 2 594 594 539 252 -133
3 539 539 509 202 -143
4 332 332 272 147 -225
5 105 105 30 -108 -405
Staple 37
Leaf 1 & 2 652 652 591 264 -126
3 587 587 546 214 -136
4 369 369 314 169 -208
5 142 142 64 -86 -385
COLOR COLOR COLOR
12 22 32
STAPLE 33
LEAF 1 & 2 -265 -265 -380
3 -280 -280 -395
4
5
STAPLE 34
LEAF 1 & 2 45 45 -120
3 40 40 -140
4
5
STAPLE 35
LEAF 1 & 2 190 190 10
3 150 150 -15
4
5
Staple 36
Leaf 1 & 2 327 327 62
3 282 282 37
4
5
Staple 37
Leaf 1 & 2 389 389 94
3 324 324 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.txt
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