Daily Spot Quotations, Pg 1 (front page)
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MP_CN002    Memphis, TN Cotton and Tobacco Progr  07-Feb-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      50     Mar-23      86.13    88.38      1,000        42,477
North Delta    -50    Mar-23      85.13    87.38          0        12,020
South Delta    -50    Mar-23      85.13    87.38          0           772
East TX-OK    -325    Mar-23      82.38    84.13        173       104,952
West Texas    -325    Mar-23      82.38    83.88      1,147       217,738
Desert SW     -425    Mar-23      81.38    83.63          0         7,594
SJ Valley     -400    Mar-23      81.63    90.53          0             0
                                                Upland total
Average       -218    Mar-23      83.45    86.47      2,320       385,553
Previous      -218    Mar-23      81.09    84.11


            AMERICAN PIMA SPOT PRICE QUOTATIONS

                      Grade 2  Grade 3  Grade 3    SPOT TRANSACTIONS
                     Staple 46Staple 44Staple 46
                                                       AP total
American Pima           240.00   221.50   229.25          0         1,176




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
Mar-23          85.63    83.27     2.36                Season low
May-23          86.38    84.11     2.27          10/31/2022         72.36
Jul-23          87.06    84.85     2.21
Oct-23          85.92    83.78     2.14         EFFECTIVE  Feb 03 - Feb 09
Dec-23          85.82    83.73     2.09                AWP          75.24
Mar-24          86.25    84.16     2.09            CC ADJ.           0.00
May-24          86.15    84.07     2.08         FC ADJ. - 2          0.00
Jul-24          85.87    83.87     2.00         FC ADJ. - 2          0.00
Oct-24          83.87    82.12     1.75                LDP           0.00
Dec-24          82.80    81.17     1.63
                                                EFFECTIVE  Feb 03 - Feb 09
                                                       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      -100     -100     -155     -305       -525
     3           -120     -120     -170     -315       -530
     4           -225     -225     -275     -395       -560
     5           -345     -345     -390     -540       -720
 STAPLE 34
 LEAF 1 & 2       123      123       75       35       -285
     3            100      100       60       20       -305
     4             50       50       35        0       -360
     5           -138     -138     -175     -325       -533
 STAPLE 35
 LEAF 1 & 2       298      298      240      125       -185
     3            248      248      200       87       -200
     4            170      170      135       40       -280
     5             -3       -3      -58     -210       -455
 Staple 36
 Leaf 1 & 2       525      525      465      235       -148
     3            485      485      425      187       -158
     4            337      337      287      117       -240
     5             88       88        8     -138       -420
 Staple 37
 Leaf 1 & 2       578      578      520      247       -141
     3            531      531      470      202       -156
     4            369      369      329      139       -228
     5            140      140       57     -116       -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       325      325       57
     3            280      280       32
     4
     5
 Staple 37
 Leaf 1 & 2       392      392       89
     3            327      327       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