Daily Spot Quotations, Pg 1 (front page)
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MP_CN002    Memphis, TN Cotton and Tobacco Progr  07-Nov-19
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      50     Dec-19      64.85    67.10        482        10,459
North Delta    -50    Dec-19      63.85    66.10        122        24,820
South Delta    -50    Dec-19      63.85    66.10         13           277
East TX-OK    -350    Dec-19      60.85    63.35      1,477       140,236
West Texas    -400    Dec-19      60.35    63.10      4,903        60,497
Desert SW     -625    Dec-19      58.10    62.10          3           987
SJ Valley     -575    Dec-19      58.60    67.50          0             0
                                                Upland total
Average       -286    Dec-19      61.49    65.05      7,000       237,276
Previous      -286    Dec-19      60.83    64.39


            AMERICAN PIMA SPOT PRICE QUOTATIONS

                      Grade 2  Grade 3  Grade 3    SPOT TRANSACTIONS
                     Staple 46Staple 44Staple 46
                                                       AP total
American Pima           113.00    90.50    98.25          0           400




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           10/30/2019         62.84
Dec-19          64.35    63.69     0.66                Season low
Mar-20          66.04    65.27     0.77            8/5/2019         52.73
May-20          67.35    66.46     0.89
Jul-20          68.54    67.56     0.98         EFFECTIVE  Nov 01 - Nov 07
Oct-20          67.44    67.36     0.08                AWP          57.33
Dec-20          68.32    67.57     0.75            CC ADJ.           0.00
Mar-21          68.67    68.00     0.67         FC ADJ. - 2          1.28
May-21          69.07    68.50     0.57         FC ADJ. - 2          1.13
Jul-21          69.57    69.05     0.52                LDP           0.00
Oct-21          67.89    67.35     0.54
                                                EFFECTIVE  Nov 01 - Nov 07
                                                       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       -78      -78     -118     -265       -485
     3            -93      -93     -128     -275       -490
     4           -195     -195     -245     -365       -520
     5           -330     -330     -370     -510       -700
 STAPLE 34
 LEAF 1 & 2       152      152       97       59       -250
     3            127      127       92       54       -270
     4             75       75       60        0       -325
     5           -110     -110     -145     -285       -518
 STAPLE 35
 LEAF 1 & 2       365      365      310      155       -165
     3            310      310      275      107       -180
     4            180      180      140       65       -260
     5             25       25      -35     -190       -445
 Staple 36
 Leaf 1 & 2       524      524      474      237       -118
     3            484      484      444      187       -128
     4            322      322      257      122       -210
     5            125      125       45     -113       -400
 Staple 37
 Leaf 1 & 2       567      567      521      249       -111
     3            507      507      476      204       -121
     4            349      349      279      149       -193
     5            147      147       64      -96       -385

               COLOR    COLOR    COLOR
                   12       22       32
 STAPLE 33
 LEAF 1 & 2      -260     -260     -375
     3           -275     -275     -390
     4
     5
 STAPLE 34
 LEAF 1 & 2        50       50     -105
     3             40       40     -125
     4
     5
 STAPLE 35
 LEAF 1 & 2       190      190       15
     3            150      150      -15
     4
     5
 Staple 36
 Leaf 1 & 2       297      297       77
     3            247      247       52
     4
     5
 Staple 37
 Leaf 1 & 2       339      339      104
     3            289      289       79
     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