Cotton Base, 7MKT Average Quotations, Futures Settlement and Differences 12/19/2024
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MP_CN002 Memphis, TN Cotton and Tobacco Progr 19-Dec-24
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 -175 Mar-25 66.16 70.41 566 20,480
North Delta -350 Mar-25 64.41 66.41 0 14,313
South Delta -350 Mar-25 64.41 66.91 0 5,627
East TX-South TX -575 Mar-25 62.16 66.41 0 113,386
West TX-KS-OK -500 Mar-25 62.91 66.16 4,442 134,983
Desert SW -625 Mar-25 61.66 64.91 0 6,457
SJ Valley -600 Mar-25 61.91 70.81 0 0
Upland total
Average -454 Mar-25 63.37 67.43 5,008 295,246
Previous -454 Mar-25 63.54 67.60
AMERICAN PIMA SPOT PRICE QUOTATIONS
Grade 2 Grade 3 Grade 3 SPOT TRANSACTIONS
Staple 46Staple 44Staple 46
AP total
American Pima 169.00 150.50 158.25 0 6,820
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 9/24/2024 67.70
Mar-25 67.91 68.08 -0.17 Season low
May-25 69.03 69.21 -0.18 8/6/2024 58.84
Jul-25 69.98 70.23 -0.25
Oct-25 68.63 68.90 -0.27 EFFECTIVE Dec 13 - Dec 19
Dec-25 69.12 69.39 -0.27 AWP 56.22
Mar-26 69.97 70.18 -0.21 CC ADJ. 0.00
May-26 70.74 70.84 -0.10 FC ADJ. - 2 0.32
Jul-26 71.38 71.36 0.02 FC ADJ. - 2 0.00
Oct-26 69.88 69.77 0.11 LDP 0.00
Dec-26 69.09 69.41 -0.32
EFFECTIVE Dec 13 - Dec 19
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 -130 -130 -205 -330 -540
3 -150 -150 -220 -340 -550
4 -250 -250 -305 -420 -580
5 -360 -360 -410 -560 -735
STAPLE 34
LEAF 1 & 2 190 190 125 45 -280
3 150 150 105 30 -305
4 65 65 50 0 -365
5 -125 -125 -160 -315 -530
STAPLE 35
LEAF 1 & 2 430 430 385 160 -190
3 375 375 345 137 -205
4 225 225 195 77 -295
5 25 25 -30 -216 -465
Staple 36
Leaf 1 & 2 665 665 610 310 -153
3 635 635 583 262 -163
4 362 362 315 174 -255
5 110 110 35 -144 -430
Staple 37
Leaf 1 & 2 740 740 670 332 -146
3 699 699 638 289 -161
4 394 394 367 201 -238
5 162 162 89 -122 -410
COLOR COLOR COLOR
12 22 32
STAPLE 33
LEAF 1 & 2 -235 -235 -385
3 -250 -250 -405
4
5
STAPLE 34
LEAF 1 & 2 80 80 -105
3 65 65 -130
4
5
STAPLE 35
LEAF 1 & 2 220 220 15
3 180 180 -5
4
5
Staple 36
Leaf 1 & 2 330 330 72
3 285 285 52
4
5
Staple 37
Leaf 1 & 2 387 387 104
3 332 332 79
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-South Texas,
West Texas-Kansas-Oklahoma, 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</pre></div>