MP_CN001                   0
MEMPHIS, TN         7/8/2009        USDA Cotton Program, MNB

   MARKET    41-4/3431-3/35  BALES    FUTURES     TODAY
                                       Jul-09     54.71
SOUTHEAST     52.75  54.25     0       Oct-09     57.00
NORTH DELTA   51.75  53.00     0       Dec-09     59.11
SOUTH DELTA   51.75  53.00     0       Mar-10     61.67
EAST TX-OK    50.50  52.75     27      May-10     63.07
WEST TEXAS    50.50  53.75    2558     Jul-10     64.32
DESERT SW     51.25  58.75     0       Oct-10     65.93
SJ VALLEY     53.50  64.25     0       Dec-10     66.82
                                       Mar-11     69.36
AVERAGE       51.71  55.68    2585     May-11     70.36
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
Jul 03 - Jul    AWP    44.57        CC ADJ.          0.00               LDP     7.43


Cotton Program, Market News Branch
3275 Appling Rd
Memphis, TN  38133
(901) 384-3016
www.ams.usda.gov/mnreports/mp_cn001.txt