MP_CN207
     December 9, 2004        Memphis, TN  USDA Cotton Programs, MNB

Spot quotations are in cents per pound for cotton equal to the Official
Standards, net weight, in mixed lots, compressed, FOB car/truck.
                     SOUTHEAST                  NORTH DELTA
       Staple           31-3  41-4   51-5  42-4     31-3  41-4  51-5  42-4
         33             42.11 40.11  37.36 37.86    42.36 40.11 34.86 38.61
         34             42.86 40.86  38.36 38.36    44.86 41.36 38.61 40.36
         35             43.36 41.61  39.36 38.61    45.86 42.36 38.61 40.61
         36             43.86 42.36  39.36 38.61    46.61 43.11 38.61 40.61

                     SOUTH DELTA                DESERT SOUTHWEST
       Staple           31-3  41-4   51-5  42-4     21-2  31-3  41-4  51-5
         33             42.36 40.11  34.86 38.36    42.86 42.11 39.11 37.36
         34             44.86 41.36  38.61 40.61    46.11 44.36 42.86 38.11
         35             45.86 42.11  39.61 41.11    50.11 48.36 44.61 39.11
         36             46.61 42.86  39.61 41.11    51.21 49.71 45.46 39.21

       Staple        EAST TEXAS-OKLAHOMA                 WEST TEXAS
                        21-2  31-3   41-4  42-4     21-2  31-3  41-4  42-4
         29             37.75 36.75  35.75 35.50    37.50 36.75 35.25 34.75
         30             38.50 37.75  36.25 36.00    38.25 37.50 36.00 35.25
         31             39.25 38.50  37.75 36.00    38.50 38.00 37.00 35.25
         32             40.25 39.50  38.25 37.00    39.25 38.50 37.50 36.25
         33             41.75 40.75  39.25 37.50    41.50 40.50 38.75 37.50
         34             44.00 41.75  39.50 38.50    42.25 40.75 39.00 38.25
         35             45.75 43.50  39.75 39.00    43.00 42.25 40.25 39.00
         36             47.00 44.00  40.75 40.25    44.25 43.50 40.75 40.00

       Staple        SAN JOAQUIN VALLEY
                        21-2  31-3   41-4  32-3
         34             50.36 49.86  44.86 45.36
         35             56.11 54.86  47.36 48.36
         36             57.51 55.16  47.66 48.61

MIKE DIFFERENCES - POINTS PER POUND
Mike Ranges               SE    ND     SD    ET       WT   DSW   SJV  AVG.
24 & Below                                  -950     -925 -1200       -1025
        25-26            -825 -1000  -1100  -750     -725 -1000        -900
        27-29            -425  -650   -750  -475     -475  -900 -1250  -704
        30-32            -275  -325   -325  -325     -325  -425  -550  -364
        33-34            -150  -125   -125  -175     -200  -275  -350  -200
     Base 35-36             0     0      0     0        0     0     0     0
        37-42               0    25     25    15       15    25    25    19
     Base 43-49             0     0      0     0        0     0     0     0
        50-52            -225  -175   -225  -175     -175  -275  -450  -243
53 & Above               -325  -275   -325  -250     -250  -475        -317

STRENGTH DIFFERENCES - POINTS PER POUND
Strength                  SE    ND     SD    ET       WT   DSW   SJV  AVG.
18.5-19-4                                   -175     -175              -175
19.5-20.4                                   -175     -175              -175
20.5-21.4                -425  -275   -275  -150     -150  -450        -288
21.5-22.4                -350  -225   -225  -125     -125  -300        -225
22.5-23.4                -300  -175   -175  -100     -100  -150        -167
23.5-24.4                -250  -125   -125  -100     -100  -100  -100  -129
24.5-25.4                -200  -100   -100  -100     -100  -100  -100  -114
25.5-26.4                 -50   -25    -25   -50      -50   -50   -50   -43
Base 26.5-28.4              0     0      0     0        0     0     0     0
28.5-29.4                   0     0      0     0        0     0     0     0
29.5-30.4                  25     0      0    25       25    25    25    18
30.5-32.5                  50    50     50    25       25    50    50    43
32.5&Above                 50    50     50    25       25    50    75    46

UNIFORMITY DIFFERENCES
Uniformity                SE    ND     SD    ET       WT   DSW   SJV  AVG.
     77 & below          -100   -70    -70   -60      -60  -100   -60   -74
         78               -85   -60    -60   -50      -50   -90   -50   -64
         70               -75   -50    -50   -40      -40   -80   -40   -54
         80                 0     0      0     0        0     0     0     0
       Base 81              0     0      0     0        0     0     0     0
         82                 0     0      0     0        0     0     0     0
         83                20    30     30     0        0    30    30    20
         84                30    40     40    10       10    40    40    30
         85                40    50     50    20       20    50    50    40
     86 & above            50    60     60    30       30    60    60    50

LANDED MILL QUOTATIONS - GROUP 201 MILL POINTS
Cents per pound, even running lots, mike 35-49, strength 23.5 or more grams per tex




                     SE Growths                 Delta Growths
       Staple        31-3    41-4  51-5   42-4    31-3   41-4  51-5  42-4
         33          45.75   44.25 43.75  43.25   45.25  44.50 43.00 43.25
         34          46.75   46.25 44.50  44.25   46.50  45.25 43.25 43.50
         35          47.75   47.00 45.25  44.50   48.00  46.25 44.75 44.75

                     TX-OK Growths              SJV Growths
       Staple        31-3    41-4  32-3   42-4    31-3   41-4  51-5
         31          42.75   42.25 42.00  40.25
         32          43.00   42.50 42.25  40.75
         33          45.25   44.25 43.75  43.50
         34          47.75   46.00 45.75  44.50   55.25  53.75 49.75
         35                                       57.75  55.75 51.75
         36                                       58.75  55.75 51.75

Stokes Quisenberry
Cotton Program, Market News Branch
3275 Appling Rd
Memphis, TN  38133
(901) 384-3016
www.ams.usda.gov/cotton/mncs/index.htm
stokes.quisenberry@usda.gov