MP_CN001                   0
MEMPHIS, TN         11/20/2009      USDA Cotton Program, MNB

   MARKET    41-4/3431-3/35  BALES    FUTURES     TODAY
                                       Dec-09     70.41
SOUTHEAST     70.04  71.79     0       Mar-10     74.04
NORTH DELTA   68.79  70.04     0       May-10     75.31
SOUTH DELTA   68.79  70.04     0       Jul-10     76.26
EAST TX-OK    64.50  67.75    2612     Oct-10     77.02
WEST TEXAS    64.50  68.50   13672     Dec-10     77.47
DESERT SW     64.54  72.04     0       Mar-11     78.48
SJ VALLEY     66.29  77.04     0       May-11     79.07
                                       Jul-11     79.50
AVERAGE       66.78  71.03   16284     Oct-11     80.70
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      -200   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