Daily Spot Quotations, Pg 1 (front page)
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MP_CN002    Memphis, TN Cotton and Tobacco Progr  19-Oct-20
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     -300    Dec-20      68.16    70.41         64        33,965
North Delta   -375    Dec-20      67.41    69.66          0         4,068
South Delta   -375    Dec-20      67.41    69.66          0         9,911
East TX-OK    -575    Dec-20      65.41    67.91      1,013       115,914
West Texas    -650    Dec-20      64.66    67.16      3,358        99,541
Desert SW     -750    Dec-20      63.66    67.66        500         3,972
SJ Valley     -700    Dec-20      64.16    73.06          0             0
                                                Upland total
Average       -532    Dec-20      65.84    69.36      4,935       267,371
Previous      -539    Dec-20      64.53    68.05


            AMERICAN PIMA SPOT PRICE QUOTATIONS

                      Grade 2  Grade 3  Grade 3    SPOT TRANSACTIONS
                     Staple 46Staple 44Staple 46
                                                       AP total
American Pima           110.00    90.50    98.25          0             0




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           10/19/2020         65.84
Dec-20          71.16    69.92     1.24                Season low
Mar-21          71.83    70.56     1.27           8/12/2020         57.20
May-21          72.41    71.23     1.18
Jul-21          72.86    71.71     1.15         EFFECTIVE  Oct 16 - Oct 22
Oct-21          71.52    70.42     1.10                AWP          53.43
Dec-21          70.62    69.52     1.10            CC ADJ.           0.00
Mar-22          71.34    70.33     1.01         FC ADJ. - 2          0.33
May-22          71.49    70.48     1.01         FC ADJ. - 2          0.28
Jul-22          71.59    70.58     1.01                LDP           0.00
Oct-22          69.39    68.48     0.91
                                                EFFECTIVE  Oct 16 - Oct 22
                                                       PCP           7.00



AVERAGE PREMIUMS AND DISCOUNTS - TENDERABLE QUALITIES 3/

               COLOR    COLOR    COLOR    COLOR      COLOR
                   11       21       31       41         51
 STAPLE 33
 LEAF 1 & 2      -108     -108     -158     -300       -515
     3           -128     -128     -168     -310       -520
     4           -230     -230     -280     -390       -550
     5           -350     -350     -395     -530       -710
 STAPLE 34
 LEAF 1 & 2       132      132       67       45       -275
     3            107      107       62       39       -295
     4             55       55       40        0       -350
     5           -125     -125     -160     -300       -523
 STAPLE 35
 LEAF 1 & 2       375      375      305      150       -175
     3            320      320      270      102       -190
     4            170      170      130       50       -270
     5             20       20      -40     -195       -445
 Staple 36
 Leaf 1 & 2       579      579      524      252       -133
     3            524      524      494      202       -143
     4            332      332      272      147       -225
     5            105      105       30     -108       -405
 Staple 37
 Leaf 1 & 2       637      637      576      264       -126
     3            572      572      531      214       -136
     4            369      369      314      169       -208
     5            142      142       64      -86       -385

               COLOR    COLOR    COLOR
                   12       22       32
 STAPLE 33
 LEAF 1 & 2      -275     -275     -380
     3           -290     -290     -395
     4
     5
 STAPLE 34
 LEAF 1 & 2        35       35     -120
     3             30       30     -140
     4
     5
 STAPLE 35
 LEAF 1 & 2       180      180       10
     3            140      140      -15
     4
     5
 Staple 36
 Leaf 1 & 2       312      312       62
     3            257      257       37
     4
     5
 Staple 37
 Leaf 1 & 2       369      369       94
     3            309      309       64
     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