0 MP_CN002 Memphis, TN Cotton and Tobacco Progr 06-Jun-23 Spot quotations and differences are for cotton equal to the official standards, net weight, in mixed lots. Upland quotations are FOB car/truck, which includes compression and any brokerage charges. The upland base quality is color 41, leaf grade 4, staple 34 (1.05 to 1.07), mike 3.5, 3.6 and 4.3 to 4.9, strength 27.0 to 28.9 grams per tex and uniformity 81.0 to 81.9. American Pima quotations are UD free, FOB warehouse, and brokerage fees included. UPLAND SPOT PRICE QUOTATIONS SPOT TRANSACTIONS Color 41 Color 31 Number of bales provided Growth Basis Leaf 4 Leaf 3 to Cotton Program Area ICE Futures Staple 34Staple 35 Today Season Points Month cents/lb.cents/lb. bales bales Southeast -150 Jul-23 83.84 86.09 1,012 85,124 North Delta -225 Jul-23 83.09 85.34 601 29,733 South Delta -225 Jul-23 83.09 85.34 0 4,166 East TX-OK -650 Jul-23 78.84 80.59 2,257 201,896 West Texas -600 Jul-23 79.34 80.84 3,910 385,443 Desert SW -650 Jul-23 78.84 81.34 373 13,827 SJ Valley -625 Jul-23 79.09 87.99 0 0 Upland total Average -446 Jul-23 80.88 83.93 8,153 720,189 Previous -425 Jul-23 80.54 83.60 AMERICAN PIMA SPOT PRICE QUOTATIONS Grade 2 Grade 3 Grade 3 SPOT TRANSACTIONS Staple 46Staple 44Staple 46 AP total American Pima 167.00 148.50 156.25 0 2,944 NEW YORK FUTURES - CONTRACT NO. 2 2/ 7-MARKET AVERAGE COLOR 41 LEAF 4, STAPLE 34, MIKE 35-49, BASE QUOTATIONS STRENGTH 25 OR GREATER. FOR UPLAND COTTON Month Cents per pound Season high Today Previous Change 8/16/2022 126.61 Jul-23 85.34 84.79 0.55 Season low Oct-23 83.22 82.42 0.80 10/31/2022 72.36 Dec-23 81.78 81.42 0.36 Mar-24 81.48 81.21 0.27 EFFECTIVE Jun 02 - Jun 08 May-24 81.29 81.11 0.18 AWP 66.91 Jul-24 81.03 80.94 0.09 CC ADJ. 0.00 Oct-24 78.73 78.58 0.15 FC ADJ. - 2 0.00 Dec-24 77.28 77.13 0.15 FC ADJ. - 2 0.00 Mar-25 77.58 77.43 0.15 LDP 0.00 May-25 77.68 77.53 0.15 EFFECTIVE Jun 02 - Jun 08 PCP 0.00 AVERAGE PREMIUMS AND DISCOUNTS - TENDERABLE QUALITIES 3/ COLOR COLOR COLOR COLOR COLOR 11 21 31 41 51 STAPLE 33 LEAF 1 & 2 -105 -105 -155 -305 -525 3 -125 -125 -170 -315 -530 4 -225 -225 -275 -395 -560 5 -345 -345 -390 -540 -720 STAPLE 34 LEAF 1 & 2 120 120 75 30 -290 3 95 95 60 15 -310 4 50 50 35 0 -365 5 -140 -140 -175 -325 -535 STAPLE 35 LEAF 1 & 2 290 290 245 120 -190 3 240 240 205 84 -205 4 165 165 135 37 -285 5 -5 -5 -60 -208 -455 Staple 36 Leaf 1 & 2 485 485 435 217 -153 3 455 455 400 164 -163 4 307 307 257 94 -245 5 80 80 5 -141 -420 Staple 37 Leaf 1 & 2 543 543 495 229 -146 3 506 506 450 181 -161 4 344 344 304 121 -233 5 132 132 54 -114 -405 COLOR COLOR COLOR 12 22 32 STAPLE 33 LEAF 1 & 2 -235 -235 -380 3 -250 -250 -395 4 5 STAPLE 34 LEAF 1 & 2 50 50 -120 3 45 45 -140 4 5 STAPLE 35 LEAF 1 & 2 180 180 5 3 140 140 -20 4 5 Staple 36 Leaf 1 & 2 320 320 57 3 275 275 32 4 5 Staple 37 Leaf 1 & 2 372 372 89 3 317 317 59 4 0NOT TENDE 0 5 0NOT TENDE 0 1/ Settlement prices provided by ICE Futures US. 2/ The average of the differences from the Southeast, North and South Delta average, East Texas-Oklahoma, West Texas, and Desert Southwest markets. Cotton and Tobacco Program, Market News Division 3275 Appling Rd Memphis, TN 38133 (901) 384-3016 www.ams.usda.gov/mnreports/mp_cn002.txt USDA OPENS NOMINATIONS FOR AGRICULTURE ADVISORY COMMITTEE VACANCIES USDA, AMS, Cotton & Tobacco Program is seeking nominations for twenty-four vacancies on the Advisory Committee on Universal Cotton Standards. The Committee’s purposes are to review the American Upland Cotton Standards and to make recommendations to USDA concerning the establishment, revision or change of the standards. Nominations must be received by email or postmarked by July 1, 2023. For more information and an application form please go to: https://www.ams.usda.gov/about-ams/facas-advisory-councils/acucs https://www.usda.gov/whlo/apply