MP_CN207 February 2, 2012 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 87.46 86.96 83.96 86.46 85.96 84.96 81.71 84.21 34 88.96 88.46 84.71 86.96 88.21 87.71 83.21 84.71 35 90.21 88.71 85.21 86.96 88.71 87.96 83.46 85.46 36 90.96 89.71 85.46 87.21 89.21 87.96 83.71 85.71 SOUTH DELTA DESERT SOUTHWEST Staple 31-3 41-4 51-5 42-4 21-2 31-3 41-4 51-5 33 86.21 84.96 81.46 83.96 87.21 86.46 81.71 79.96 34 88.21 87.71 82.96 84.71 89.96 89.21 87.71 80.46 35 88.71 87.96 83.46 85.46 94.46 93.46 88.71 83.21 36 89.21 87.96 83.71 85.46 95.06 94.31 89.56 83.46 Staple EAST TEXAS-OKLAHOMA WEST TEXAS 21-2 31-3 41-4 42-4 21-2 31-3 41-4 42-4 29 79.50 78.75 77.25 76.50 91.50 78.00 76.25 71.75 30 80.75 80.00 78.75 77.50 92.25 79.75 78.25 73.50 31 83.00 82.50 80.25 78.25 92.50 82.75 79.50 74.50 32 86.50 86.00 83.25 82.50 92.50 86.00 83.50 77.75 33 89.50 88.00 84.75 82.75 83.50 89.00 85.00 77.75 34 91.00 88.75 85.25 83.25 83.50 90.75 85.50 78.25 35 91.00 88.75 85.25 83.25 83.50 90.75 85.50 78.25 36 91.00 88.75 88.75 83.25 83.50 90.75 89.00 78.25 Staple SAN JOAQUIN VALLEY 21-2 31-3 41-4 32-3 34 103.11 101.61 92.51 92.46 35 103.86 102.36 92.61 92.96 36 104.86 103.36 92.61 92.46 MIKE DIFFERENCES - POINTS PER POUND Mike Ranges SE ND SD ET WT DSW SJV AVG. 24 & Below -875 -925 -1200 -1000 25-26 -825 -1000 -1100 -825 -875 -1000 -937.5 27-29 -425 -650 -750 -575 -600 -900 -1600-785.7143 30-32 -275 -325 -325 -300 -375 -500 -1000-442.8571 33-34 -150 -125 -125 -150 -200 -300 -500-221.4286 Base 35-36 0 0 0 0 0 0 0 0 37-42 0 25 25 15 15 25 2518.571429 Base 43-49 0 0 0 0 0 0 0 0 50-52 -325 -300 -300 -265 -265 -325 -500-325.7143 53 & Above -400 -425 -425 -400 -400 -525 -429.1667 STRENGTH DIFFERENCES - POINTS PER POUND Strength SE ND SD ET WT DSW SJV AVG. 19.0 - 19.9 -175 -175 -175 20.0 - 20.9 -175 -175 -175 21.0 - 21.9 -425 -300 -275 -150 -150 -600 -316.6667 22.0 - 22.9 -350 -250 -225 -125 -125 -450 -254.1667 23.0 - 23.9 -300 -200 -175 -100 -100 -300 -195.8333 24.0 - 24.9 -250 -175 -125 -100 -100 -225 -200-167.8571 25.0 - 25.9 -200 -150 -100 -100 -100 -200 -200 -150 26.0 - 26.9 -25 -25 -25 -50 -50 -125 -150-64.28571 Base 27.0 - 28.9 0 0 0 0 0 0 0 0 29.0 - 29.9 0 0 0 0 0 0 0 0 30.0 - 30.9 25 25 25 25 25 25 25 25 31.0 - 32.9 50 50 50 50 25 50 5046.428571 33.0 & above 50 50 50 50 25 100 10060.714286 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 10 0 30 30 21 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, net weight, prom 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