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USDA-MP: Daily Spot Quotations, excerpts

MEMPHIS, TN - 1/3/2018 - USDA Cotton and Tobacco Program, MND


       MARKET        41-4/34 31-3/35  BALES    FUTURES     TODAY
                                                Mar-18     78.11
SOUTHEAST             78.86   81.61    1104     May-18     78.26
NORTH DELTA           77.36   79.11     0       Jul-18     78.68
SOUTH DELTA           77.36   79.11     0       Oct-18     75.09
EAST TX-OK            75.25   77.00    6340     Dec-18     74.39
WEST TEXAS            73.75   75.75    6824     Mar-19     74.53
DESERT SW             73.11   77.11     89      May-19     74.33
SJ VALLEY             74.11   83.01     0       Jul-19     74.18
                                                Oct-19     72.62
AVERAGE               75.69   78.96   14357     Dec-19     71.08
COTTON QUOTATIONS FOR SELECTED QUALITIES                   MIKE             STRENGTH
                                                         24 & Belo -1150   19.0 - 19.9   -250
EAST TX-OK            31-3    41-4     32-3      42-4      25-26   -1075   20.0 - 20.9   -250
      STAPLE 32       -300    -375     -450      -525      27-29    -850   21.0 - 21.9   -225
      STAPLE 33       -100    -275     -300      -450      30-32    -600   22.0 - 22.9   -200
      STAPLE 34        50       0      -25       -100      33-34    -475   23.0 - 23.9   -175
      STAPLE 35        175      0      -25       -100    Base 35-3   0     24.0 - 24.9   -175
      STAPLE 36        300     100     125       -25       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 -1650   19.0 - 19.9   -250
      STAPLE 32       -250    -400     -300      -475      25-26   -1475   20.0 - 20.9   -250
      STAPLE 33        -50    -325     -125      -375      27-29   -1150   21.0 - 21.9   -225
      STAPLE 34        25       0      -50       -175      30-32    -800   22.0 - 22.9   -200
      STAPLE 35        200      0       25       -100      33-34    -575   23.0 - 23.9   -175
      STAPLE 36        300     100     150        75     Base 35-3   0     24.0 - 24.9   -175
      STAPLE 37        350     125     150        75       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
Dec 29 - Jan 04
                 AWP   70.62
             CC ADJ.    0.00
       FC ADJ. - 2016   0.33
       FC ADJ. - 2017   0.48
                 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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