MP_CN001 0 MEMPHIS, TN 11/24/2009 USDA Cotton Program, MNB MARKET 41-4/3431-3/35 BALES FUTURES TODAY Dec-09 71.52 SOUTHEAST 71.77 74.02 1543 Mar-10 75.52 NORTH DELTA 70.27 71.52 0 May-10 76.47 SOUTH DELTA 70.27 71.52 0 Jul-10 77.04 EAST TX-OK 66.00 69.75 1961 Oct-10 77.49 WEST TEXAS 65.25 69.50 16958 Dec-10 77.95 DESERT SW 66.02 72.77 500 Mar-11 78.95 SJ VALLEY 67.77 78.52 0 May-11 79.55 Jul-11 79.95 AVERAGE 68.19 72.51 20962 Oct-11 80.95 COTTON QUOTATIONS FOR SELECTED QUALITIES MIKE STRENGTH 24 & Belo -875 18.5-19.4 -175 EAST TX-OK 41-4 51-5 42-4 52-5 25-26 -825 19.5-20.4 -175 STAPLE 30 -375 -550 -400 -625 27-29 -575 20.5-21.4 -150 STAPLE 31 -250 -475 -400 -600 30-32 -300 21.5-22.4 -125 STAPLE 32 -225 -375 -300 -500 33-34 -150 22.5-23.4 -100 STAPLE 33 -75 -250 -225 -400 Base 35-3 0 23.5-24.4 -100 STAPLE 34 0 -200 -50 -350 37-42 15 24.5-25.4 -100 Base 43-4 0 25.5-26.4 -50 Prep 1 0 50-52 -240 Base 26.5-2 0 2 -150 53 & Abov -375 28.5-29.4 0 Bark 1 29.5-30.4 25 1 2 -225 30.5-32.4 50 Other 1 0 32.5&Above 50 2 -375 18.5-19.4 -175 24 & Belo -950 19.5-20.4 -175 WEST TEXAS 41-4 51-5 42-4 52-5 25-26 -900 20.5-21.4 -150 STAPLE 30 -425 -575 -475 -700 27-29 -625 21.5-22.4 -125 STAPLE 31 -325 -500 -475 -675 30-32 -350 22.5-23.4 -100 STAPLE 32 -300 -400 -375 -575 33-34 -175 23.5-24.4 -100 Base 35-3 0 24.5-25.4 -100 Prep 1 0 37-42 15 25.5-26.4 -50 2 -150 Base 43-4 0 Base 26.5-2 0 Bark 1 50-52 -240 28.5-29.4 0 1 2 -225 53 & Abov -375 29.5-30.4 25 Other 1 0 30.5-32.4 25 2 -375 32.5&Above 25 Nov 20 - Nov AWP 54.80 CC ADJ. 0.00 LDP 0.00 Cotton Program, Market News Branch 3275 Appling Rd Memphis, TN 38133 (901) 384-3016 www.ams.usda.gov/mnreports/mp_cn001.txt