Daily Spot Quotations, Pg 1 (front page)
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MP_CN002    Memphis, TN Cotton and Tobacco Progr  19-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     -200    Mar-20      63.35    65.60          0        15,151
North Delta   -300    Mar-20      62.35    64.60          0        25,284
South Delta   -300    Mar-20      62.35    64.60          0           277
East TX-OK    -550    Mar-20      59.85    62.10      1,773       159,908
West Texas    -575    Mar-20      59.60    62.60      5,065        92,415
Desert SW     -800    Mar-20      57.35    61.35          0         2,115
SJ Valley     -750    Mar-20      57.85    66.75          0             0
                                                Upland total
Average       -496    Mar-20      60.39    63.94      6,838       295,150
Previous      -496    Mar-20      61.01    64.56


            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          63.44    64.21    -0.77                Season low
Mar-20          65.35    65.97    -0.62            8/5/2019         52.73
May-20          66.62    67.24    -0.62
Jul-20          67.67    68.32    -0.65         EFFECTIVE  Nov 15 - Nov 21
Oct-20          67.87    68.61    -0.74                AWP          57.06
Dec-20          67.95    68.26    -0.31            CC ADJ.           0.00
Mar-21          68.25    68.56    -0.31         FC ADJ. - 2          0.56
May-21          68.45    68.76    -0.31         FC ADJ. - 2          0.41
Jul-21          68.65    68.96    -0.31                LDP           0.00
Oct-21          67.40    67.71    -0.31
                                                EFFECTIVE  Nov 15 - Nov 21
                                                       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       -88      -88     -128     -275       -500
     3           -103     -103     -138     -285       -505
     4           -205     -205     -255     -375       -535
     5           -340     -340     -380     -520       -710
 STAPLE 34
 LEAF 1 & 2       147      147       92       49       -260
     3            122      122       87       44       -280
     4             70       70       55        0       -335
     5           -120     -120     -155     -295       -523
 STAPLE 35
 LEAF 1 & 2       365      365      310      150       -170
     3            310      310      275      102       -185
     4            180      180      140       60       -265
     5             20       20      -40     -195       -445
 Staple 36
 Leaf 1 & 2       534      534      484      237       -123
     3            494      494      454      187       -133
     4            332      332      267      122       -215
     5            125      125       45     -113       -400
 Staple 37
 Leaf 1 & 2       577      577      531      249       -116
     3            517      517      486      204       -126
     4            359      359      289      149       -198
     5            147      147       64      -96       -385

               COLOR    COLOR    COLOR
                   12       22       32
 STAPLE 33
 LEAF 1 & 2      -270     -270     -385
     3           -285     -285     -400
     4
     5
 STAPLE 34
 LEAF 1 & 2        40       40     -115
     3             30       30     -135
     4
     5
 STAPLE 35
 LEAF 1 & 2       180      180        5
     3            140      140      -25
     4
     5
 Staple 36
 Leaf 1 & 2       287      287       67
     3            237      237       42
     4
     5
 Staple 37
 Leaf 1 & 2       329      329       94
     3            279      279       69
     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