MP_CN207 September 4, 2008 Memphis, TN USDA Cotton Programs, MNB Spot quotations are in cents per pound for cotton equal to the Official Standards, net weight, in mixed lots, compressed, FOB car/truck. SOUTHEAST NORTH DELTA Staple 31-3 41-4 51-5 42-4 31-3 41-4 51-5 42-4 33 61.73 61.23 58.48 60.73 59.73 58.73 55.48 57.98 34 62.98 62.73 59.23 61.23 61.73 61.48 57.23 58.48 35 63.73 63.23 59.73 61.23 62.98 61.73 57.73 59.48 36 63.73 63.48 59.98 61.48 63.23 61.73 57.73 59.73 SOUTH DELTA DESERT SOUTHWEST Staple 31-3 41-4 51-5 42-4 21-2 31-3 41-4 51-5 33 59.98 58.73 54.98 57.73 54.48 53.73 50.98 49.23 34 61.73 61.48 56.98 58.48 57.23 56.48 54.98 49.73 35 62.98 61.48 57.48 59.23 61.48 60.48 56.73 50.48 36 63.23 61.73 57.48 59.23 62.08 61.33 57.58 50.73 Staple EAST TEXAS-OKLAHOMA WEST TEXAS 21-2 31-3 41-4 42-4 21-2 31-3 41-4 42-4 29 61.25 60.25 59.00 58.75 61.25 60.25 58.00 57.50 30 62.00 61.25 59.75 59.50 62.00 61.00 58.75 58.25 31 62.50 61.75 61.00 59.50 62.50 61.75 59.75 58.25 32 63.25 62.50 61.25 60.50 62.50 62.00 60.00 59.25 33 65.25 64.75 62.75 61.25 65.00 64.75 61.25 60.25 34 66.75 65.25 63.50 63.00 66.50 65.75 63.00 61.75 35 67.00 65.50 64.75 63.25 67.00 66.00 64.00 62.50 36 68.25 65.75 65.25 63.75 67.50 67.00 64.50 63.75 Staple SAN JOAQUIN VALLEY 21-2 31-3 41-4 32-3 34 63.98 63.23 56.48 56.98 35 65.98 65.23 59.98 59.48 36 68.88 65.28 60.78 59.73 MIKE DIFFERENCES - POINTS PER POUND Mike Ranges SE ND SD ET WT DSW SJV AVG. 24 & Below -875 -875 -1200 -983 25-26 -825 -1000 -1100 -825 -825 -1000 -929 27-29 -425 -650 -750 -575 -550 -900 -1250 -729 30-32 -275 -325 -325 -300 -325 -425 -550 -361 33-34 -150 -125 -125 -150 -175 -275 -350 -193 Base 35-36 0 0 0 0 0 0 0 0 37-42 0 25 25 15 15 25 25 19 Base 43-49 0 0 0 0 0 0 0 0 50-52 -200 -150 -150 -240 -240 -275 -450 -244 53 & Above -300 -275 -275 -375 -375 -475 -346 STRENGTH DIFFERENCES - POINTS PER POUND Strength SE ND SD ET WT DSW SJV AVG. 18.5-19-4 -175 -175 -175 19.5-20.4 -175 -175 -175 20.5-21.4 -425 -300 -275 -150 -150 -450 -292 21.5-22.4 -350 -250 -225 -125 -125 -300 -229 22.5-23.4 -300 -200 -175 -100 -100 -150 -171 23.5-24.4 -250 -175 -125 -100 -100 -100 -100 -136 24.5-25.4 -200 -150 -100 -100 -100 -100 -100 -121 25.5-26.4 -50 -25 -25 -50 -50 -50 -50 -43 Base 26.5-28.4 0 0 0 0 0 0 0 0 28.5-29.4 0 0 0 0 0 0 0 0 29.5-30.4 25 25 25 25 25 25 25 25 30.5-32.5 50 50 50 25 25 50 50 43 32.5&Above 50 50 50 25 25 50 50 43 UNIFORMITY DIFFERENCES Uniformity SE ND SD ET WT DSW SJV AVG. 77 & below -125 -90 -90 -90 -90 -100 -60 -92 78 -110 -80 -80 -75 -75 -90 -50 -80 70 -100 -70 -70 -60 -60 -80 -40 -69 80 -25 0 0 0 0 0 0 -4 Base 81 0 0 0 0 0 0 0 0 82 0 0 0 0 0 0 0 0 83 20 30 30 0 0 30 30 20 84 30 40 40 10 10 40 40 30 85 40 50 50 20 20 50 50 40 86 & above 50 60 60 30 30 60 60 50 LANDED MILL QUOTATIONS - GROUP 201 MILL POINTS Cents per pound, even running lots, mike 35-49, strength 23.5 or more grams per tex SE Growths Delta Growths Staple 31-3 41-4 51-5 42-4 31-3 41-4 51-5 42-4 33 NQ NQ NQ NQ NQ NQ NQ NQ 34 NQ NQ NQ NQ NQ NQ NQ NQ 35 NQ NQ NQ NQ NQ NQ NQ NQ TX-OK Growths SJV Growths Staple 31-3 41-4 32-3 42-4 31-3 41-4 51-5 31 NQ NQ NQ NQ 32 NQ NQ NQ NQ 33 NQ NQ NQ NQ 34 NQ NQ NQ NQ NQ NQ NQ 35 NQ NQ NQ 36 NQ NQ NQ Cotton Program, Market News Branch 3275 Appling Rd Memphis, TN 38133 (901) 384-3016 www.ams.usda.gov/cotton/mncs/index.htm