Daily Spot Quotations, Pg 1 (front page)
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MP_CN002    Memphis, TN Cotton and Tobacco Progr  16-Feb-21
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    May-21      87.85    90.10          0       100,265
North Delta   -275    May-21      86.85    89.10          0        26,411
South Delta   -275    May-21      86.85    89.10          0        11,472
East TX-OK    -575    May-21      83.85    86.60      1,795       367,764
West Texas    -575    May-21      83.85    86.60      2,953       660,881
Desert SW     -800    May-21      81.60    85.35          0        61,019
SJ Valley     -750    May-21      82.10    91.00          0             0
                                                Upland total
Average       -489    May-21      84.71    88.26      4,748     1,227,812
Previous      -489    May-21      83.77    87.32


            AMERICAN PIMA SPOT PRICE QUOTATIONS

                      Grade 2  Grade 3  Grade 3    SPOT TRANSACTIONS
                     Staple 46Staple 44Staple 46
                                                       AP total
American Pima           134.00   114.50   122.25          0         3,512




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            2/16/2021         84.71
Mar-21          88.12    87.27     0.85                Season low
May-21          89.60    88.66     0.94           8/12/2020         57.20
Jul-21          90.32    89.41     0.91
Oct-21          86.96    85.71     1.25         EFFECTIVE  Feb 12 - Feb 18
Dec-21          84.81    83.89     0.92                AWP          70.32
Mar-22          84.36    83.44     0.92            CC ADJ.           0.00
May-22          83.76    82.84     0.92         FC ADJ. - 2          1.14
Jul-22          82.96    81.96     1.00         FC ADJ. - 2          1.09
Oct-22          78.20    77.51     0.69                LDP           0.00
Dec-22          74.50    74.16     0.34
                                                EFFECTIVE  Feb 12 - Feb 18
                                                       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       -93      -93     -143     -295       -515
     3           -118     -118     -158     -305       -520
     4           -220     -220     -270     -385       -550
     5           -340     -340     -385     -530       -710
 STAPLE 34
 LEAF 1 & 2       148      148       87       45       -275
     3            117      117       77       34       -295
     4             60       60       45        0       -350
     5           -128     -128     -165     -310       -523
 STAPLE 35
 LEAF 1 & 2       386      386      315      135       -175
     3            326      326      275       92       -190
     4            180      180      140       40       -270
     5             18       18      -43     -205       -445
 Staple 36
 Leaf 1 & 2       592      592      534      240       -138
     3            537      537      504      192       -148
     4            342      342      282      132       -225
     5            103      103       28     -123       -405
 Staple 37
 Leaf 1 & 2       665      665      601      252       -131
     3            595      595      551      207       -141
     4            389      389      334      154       -208
     5            150      150       72     -101       -385

               COLOR    COLOR    COLOR
                   12       22       32
 STAPLE 33
 LEAF 1 & 2      -255     -255     -380
     3           -270     -270     -395
     4
     5
 STAPLE 34
 LEAF 1 & 2        55       55     -120
     3             50       50     -140
     4
     5
 STAPLE 35
 LEAF 1 & 2       185      185        5
     3            145      145      -20
     4
     5
 Staple 36
 Leaf 1 & 2       320      320       57
     3            275      275       32
     4
     5
 Staple 37
 Leaf 1 & 2       382      382       89
     3            317      317       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