Selected Spot Cotton Prices, Landed Mill

            MP_CN207
       April 12, 2012         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              85.63    85.13    82.13    84.63    84.13    83.13    79.88    82.38
         34              87.38    86.63    82.88    85.13    86.38    85.88    81.38    82.88
         35              89.63    87.13    83.38    85.13    86.88    86.13    81.63    83.63
         36              90.38    88.13    83.63    85.38    87.38    86.13    81.88    83.88

                     SOUTH DELTA                         DESERT SOUTHWEST
       Staple            31-3     41-4     51-5     42-4     21-2     31-3     41-4     51-5
         33              84.38    83.13    79.63    82.13    83.13    82.38    77.63    75.88
         34              86.38    85.88    81.13    82.88    85.88    85.13    83.63    76.38
         35              86.88    86.13    81.63    83.63    91.13    90.13    84.63    79.13
         36              87.38    86.13    81.88    83.63    91.73    90.98    85.48    79.38

       Staple        EAST TEXAS-OKLAHOMA                          WEST TEXAS
                         21-2     31-3     41-4     42-4     21-2     31-3     41-4     42-4
         29              78.00    77.25    75.75    75.00    77.50    76.50    74.75    73.75
         30              79.25    78.50    77.25    76.00    78.75    78.25    76.75    75.50
         31              81.50    81.00    78.75    76.75    82.25    81.25    78.00    76.50
         32              85.00    84.50    81.75    81.00    86.25    84.75    82.00    80.50
         33              88.00    86.50    83.25    81.25    90.75    88.25    83.50    81.50
         34              89.50    87.25    83.75    81.75    91.50    90.00    84.00    82.75
         35              89.50    87.25    83.75    81.75    91.75    90.00    84.00    82.75
         36              89.50    87.25    87.25    81.75    91.75    90.00    87.50    82.75

       Staple        SAN JOAQUIN VALLEY
                         21-2     31-3     41-4     32-3
         34              99.28    97.78    88.68    88.63
         35             100.03    98.53    88.78    89.13
         36             101.28    99.78    88.78    88.63

MIKE DIFFERENCES - POINTS PER POUND
Mike Ranges                SE       ND       SD       ET       WT      DSW      SJV     AVG.
24 & Below                                           -875     -925    -1200             -1000
        25-26             -825    -1000    -1100     -825     -875    -1000            -937.5
        27-29             -425     -650     -750     -575     -600     -900    -1600-785.7143
        30-32             -275     -325     -325     -300     -375     -500    -1000-442.8571
        33-34             -150     -125     -125     -150     -200     -300     -500-221.4286
     Base 35-36              0        0        0        0        0        0        0        0
        37-42                0       25       25       15       15       25       2518.571429
     Base 43-49              0        0        0        0        0        0        0        0
        50-52             -400     -300     -300     -265     -265     -325     -500-336.4286
53 & Above                -475     -425     -425     -400     -400     -525         -441.6667

STRENGTH DIFFERENCES - POINTS PER POUND
Strength                   SE       ND       SD       ET       WT      DSW      SJV     AVG.
19.0 - 19.9                                          -175     -175                       -175
20.0 - 20.9                                          -175     -175                       -175
21.0 - 21.9               -425     -300     -275     -150     -150     -600         -316.6667
22.0 - 22.9               -350     -250     -225     -125     -125     -450         -254.1667
23.0 - 23.9               -300     -200     -175     -100     -100     -300         -195.8333
24.0 - 24.9               -250     -175     -125     -100     -100     -225     -200-167.8571
25.0 - 25.9               -200     -150     -100     -100     -100     -200     -200     -150
26.0 - 26.9                -25      -25      -25      -50      -50     -125     -150-64.28571
Base 27.0 - 28.9             0        0        0        0        0        0        0        0
29.0 - 29.9                  0        0        0        0        0        0        0        0
30.0 - 30.9                 25       25       25       25       25       25       25       25
31.0 - 32.9                 50       50       50       50       25       50       5046.428571
33.0 & above                50       50       50       50       25      100      10060.714286

UNIFORMITY DIFFERENCES
Uniformity                 SE       ND       SD       ET       WT      DSW      SJV     AVG.
     77 & below           -125      -90      -90      -90      -90     -100      -60      -92
         78               -110      -80      -80      -75      -75      -90      -50      -80
         70               -100      -70      -70      -60      -60      -80      -40      -69
         80                -25        0        0        0        0        0        0       -4
       Base 81               0        0        0        0        0        0        0        0
         82                  0        0        0        0        0        0        0        0
         83                 20       30       30       10        0       30       30       21
         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, net weight, prom




                     SE Growths                          Delta Growths
       Staple        31-3     41-4     51-5     42-4       31-3   41-4     51-5     42-4
         33          NQ       NQ       NQ       NQ       NQ       NQ       NQ       NQ
         34          NQ       NQ       NQ       NQ       NQ       NQ       NQ       NQ
         35          NQ       NQ       NQ       NQ       NQ       NQ       NQ       NQ

                     TX-OK Growths                       SJV Growths
       Staple        31-3     41-4     32-3     42-4       31-3   41-4     51-5
         31          NQ       NQ       NQ       NQ
         32          NQ       NQ       NQ       NQ
         33          NQ       NQ       NQ       NQ
         34          NQ       NQ       NQ       NQ          NQ       NQ       NQ
         35                                                 NQ       NQ       NQ
         36                                                 NQ       NQ       NQ


Cotton Program, Market News Branch
3275 Appling Rd
Memphis, TN  38133
(901) 384-3016
www.ams.usda.gov/cotton/mncs/index.htm

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