MP_CN001                            0
MEMPHIS, TN                 3/31/2020        USDA Cotton and Tobacco Program, MND

       MARKET        41-4/34 31-3/35  BALES    FUTURES     TODAY
                                                May-20     51.13
SOUTHEAST             48.88   51.13    1092     Jul-20     50.90
NORTH DELTA           47.38   49.63     0       Oct-20     53.21
SOUTH DELTA           47.38   49.63     0       Dec-20     53.41
EAST TX-OK            46.13   48.38     0       Mar-21     54.66
WEST TEXAS            45.63   48.13     0       May-21     55.66
DESERT SW             42.88   46.88     0       Jul-21     56.59
SJ VALLEY             43.38   52.28     0       Oct-21     56.84
                                                Dec-21     56.69
AVERAGE               45.95   49.44    1092     Mar-22     57.84
COTTON QUOTATIONS FOR SELECTED QUALITIES                   MIKE             STRENGTH
                                                         24 & Belo -1900   19.0 - 19.9   -400
EAST TX-OK            31-3    41-4     32-3      42-4      25-26   -1900   20.0 - 20.9   -400
      STAPLE 32       -425    -500     -700      -800      27-29   -1225   21.0 - 21.9   -375
      STAPLE 33       -225    -375     -525      -700      30-32    -925   22.0 - 22.9   -375
      STAPLE 34        50       0      -125      -225      33-34    -700   23.0 - 23.9   -350
      STAPLE 35        225     75      -75       -175    Base 35-3   0     24.0 - 24.9   -350
      STAPLE 36        450     200      0        -175      37-42     0     25.0 - 25.9   -275
      STAPLE 37        525     225      50       -125    Base 43-4   0     26.0 - 26.9   -275
                                                           50-52    -300  Base 27.0 - 2   0
        Prep            1        -200                    53 & Abov  -425   29.0 - 29.9    0
                        2        -500                                      30.0 - 30.9    0
        Bark            1        -350                                      31.0 - 32.9    0
                        2        -525                                     33.0 & above    25
        Other           1        -550
                        2        -600

WEST TEXAS            31-3    41-4     32-3      42-4    24 & Belo -1850   19.0 - 19.9   -400
      STAPLE 32       -390    -500     -600      -750      25-26   -1850   20.0 - 20.9   -400
      STAPLE 33       -215    -450     -375      -625      27-29   -1200   21.0 - 21.9   -375
      STAPLE 34        60       0      -175      -325      30-32    -925   22.0 - 22.9   -375
      STAPLE 35        250      0      -50       -250      33-34    -700   23.0 - 23.9   -350
      STAPLE 36        450     75      -25       -150    Base 35-3   0     24.0 - 24.9   -350
      STAPLE 37        475     100      25       -100      37-42     0     25.0 - 25.9   -275
                                                         Base 43-4   0     26.0 - 26.9   -275
        Prep            1        -200                      50-52    -300  Base 27.0 - 2   0
                        2        -200                    53 & Abov  -425   29.0 - 29.9    0
        Bark            1        -200                                      30.0 - 30.9    0
                        2        -200                                      31.0 - 32.9    0
        Other           1        -200                                     33.0 & above    25
                        2        -200
Mar 27 - Apr 02
                 AWP   44.99
             CC ADJ.    0.00
       FC ADJ. - 2018   0.00
       FC ADJ. - 2019   0.00
                 LDP    7.01


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