MP_CN001                            0
MEMPHIS, TN                 8/16/2019        USDA Cotton and Tobacco Program, MND

       MARKET        41-4/34 31-3/35  BALES    FUTURES     TODAY
                                                Oct-19     60.08
SOUTHEAST             58.33   60.58     0       Dec-19     60.13
NORTH DELTA           57.08   59.33    731      Mar-20     60.72
SOUTH DELTA           57.08   59.33     0       May-20     61.63
EAST TX-OK            54.58   56.83    690      Jul-20     62.62
WEST TEXAS            54.58   57.33    335      Oct-20     63.05
DESERT SW             52.83   56.83     0       Dec-20     63.30
SJ VALLEY             53.33   62.23     0       Mar-21     64.40
                                                May-21     65.60
AVERAGE               55.40   58.92    1756     Jul-21     66.80
COTTON QUOTATIONS FOR SELECTED QUALITIES                   MIKE             STRENGTH
                                                         24 & Belo -1850   19.0 - 19.9   -325
EAST TX-OK            31-3    41-4     32-3      42-4      25-26   -1850   20.0 - 20.9   -325
      STAPLE 32       -350    -425     -700      -800      27-29   -1175   21.0 - 21.9   -300
      STAPLE 33       -175    -325     -525      -700      30-32    -875   22.0 - 22.9   -275
      STAPLE 34        100      0      -125      -225      33-34    -650   23.0 - 23.9   -250
      STAPLE 35        225     100     -100      -200    Base 35-3   0     24.0 - 24.9   -250
      STAPLE 36        400     125      25       -150      37-42     0     25.0 - 25.9   -175
      STAPLE 37        475     150      75       -100    Base 43-4   0     26.0 - 26.9   -125
                                                           50-52    -250  Base 27.0 - 2   0
        Prep            1        -200                    53 & Abov  -375   29.0 - 29.9    0
                        2        -500                                      30.0 - 30.9    25
        Bark            1        -350                                      31.0 - 32.9    50
                        2        -525                                     33.0 & above    50
        Other           1        -550
                        2        -600

WEST TEXAS            31-3    41-4     32-3      42-4    24 & Belo -1800   19.0 - 19.9   -325
      STAPLE 32       -315    -450     -550      -750      25-26   -1800   20.0 - 20.9   -325
      STAPLE 33       -115    -375     -350      -625      27-29   -1150   21.0 - 21.9   -300
      STAPLE 34        85       0      -100      -275      30-32    -875   22.0 - 22.9   -275
      STAPLE 35        275     75      -25       -200      33-34    -650   23.0 - 23.9   -250
      STAPLE 36        425     100      25       -75     Base 35-3   0     24.0 - 24.9   -250
      STAPLE 37        475     125     100       -25       37-42     0     25.0 - 25.9   -175
                                                         Base 43-4   0     26.0 - 26.9   -125
        Prep            1        -200                      50-52    -250  Base 27.0 - 2   0
                        2        -200                    53 & Abov  -375   29.0 - 29.9    0
        Bark            1        -200                                      30.0 - 30.9    25
                        2        -200                                      31.0 - 32.9    50
        Other           1        -200                                     33.0 & above    50
                        2        -200
Aug 16 - Aug 22
                 AWP   52.22
             CC ADJ.    0.00
       FC ADJ. - 2018   0.17
       FC ADJ. - 2019   0.02
                 LDP    0.00


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