
Fresno Cotton Exchange P.O. Box 11486 Fresno, Ca. 93773-1486 (559) 226-6181	San Joaquin Valley Spot Quotes SJV Sheet #: 369 effective: 03/08/02 USDA Published: 8-Mar-2002

SLM 1-16, #4 leaf base, -325 May-200 New York Cotton Exchange #2 CONTRACT
All quotations are for mixed lots equal to official standards, compressed FOB cars/trucks, charges paid, net weights. Quotations for grades are based on cotton with mike readings of 3.5-3.6 and 4.3-4.9. Strength Readings are 26.5-28.4 Grams per tex and uniformity 81.

 Color  |Leaf|------- STAPLE ---------| |Color  |Leaf|-------- STAPLE --------
        |    |   34    35    36    37 | |       |    |   34    35    36    37
--------|----|------------------------| |-------|----|------------------------
  11&21 |1&2 |   100   550   780   815| | 32    |1&2 |  -225    75   100   100
        | 3  |    35   485   565   600| |       | 3  |  -275    25    50    50
        | 4  |  -175   150   180   250| |       | 4  |  -425  -125  -125  -125
        | 5  |  -450  -250  -245  -235| |       | 5  |  -850  -600  -600  -600
        | 6  |  -725  -525  -525  -525| |       | 6  | -1000  -800  -800  -800
        | 7  |  -950  -850  -850  -850| |       | 7  | -1175 -1075 -1075 -1075
        |    |                        | |       |    |
  31    |1&2 |    50   400   505   540| | 42    |1&2 |  -725  -575  -575  -575
        | 3  |    50   400   455   490| |       | 3  |  -775  -625  -625  -625
        | 4  |  -175    75    75   110| |       | 4  |  -825  -725  -725  -725
        | 5  |  -525  -325  -320  -310| |       | 5  | -1000  -925  -925  -925
        | 6  |  -850  -650  -650  -650| |       | 6  | -1225 -1200 -1200 -1200
        | 7  | -1000  -900  -900  -900| |       | 7  | -1325 -1325 -1325 -1325
        |    |                        | |       |    |
  41    |1&2 |  -125   175   205   215| | 52    |1&2 | -1050 -1000 -1000 -1000
        | 3  |  -175   125   155   165| |       | 3  | -1050 -1000 -1000 -1000
        | 4  |  -325   -25     5    15| |       | 4  | -1150 -1100 -1100 -1100
        | 5  |  -750  -525  -520  -510| |       | 5  | -1200 -1150 -1150 -1150
        | 6  | -1000  -775  -775  -775| |       | 6  | -1350 -1350 -1350 -1350
        | 7  | -1150 -1050 -1050 -1050| |       | 7  | -1550 -1550 -1550 -1550
        |    |                        | |       |    |
  51    |1&2 |  -900  -700  -700  -700| | 33    |1&2 |  -825  -825  -825  -825
        | 3  |  -925  -725  -725  -725| |       | 3  |  -825  -825  -825  -825
        | 4  |  -975  -775  -775  -775| |       | 4  |  -925  -925  -925  -925
        | 5  | -1075  -925  -925  -925| |       | 5  | -1125 -1125 -1125 -1125
        | 6  | -1225 -1125 -1125 -1125| |       | 6  | -1400 -1400 -1400 -1400
        | 7  | -1375 -1275 -1275 -1275| |       | 7  | -1550 -1550 -1550 -1550
        |    |                        | |       |    |
  12&22 |1&2 |  -100   300   330   340| | 43    |1&2 | -1200 -1200 -1200 -1200
        | 3  |  -175   225   255   265| |       | 3  | -1200 -1200 -1200 -1200
        | 4  |  -300     0     5    15| |       | 4  | -1250 -1250 -1250 -1250
        | 5  |  -575  -375  -375  -375| |       | 5  | -1400 -1400 -1400 -1400
        | 6  |  -825  -725  -725  -725| |       | 6  | -1550 -1550 -1550 -1550
        | 7  | -1100 -1025 -1025 -1025| |       | 7  | -1750 -1750 -1750 -1750

---- Mike -----   -Strength (grams per tex)-   - Extraneous Matter -        - Uniformity -
 Range   Diff.        Range         Diff.         Other Level       Diff.   Level       Diff.
 27-29   -1250      23.5-25.4        -100         1                  -400   77 & below   -60
 30-32    -550      25.5-26.4         -50         2                  -925   78           -50
 33-34    -300      26.5-28.4           0         Prep Level                79           -40
 35-36       0      28.5-29.4           0         1                   -50   80             0
 37-42      25      29.5-30.4          25         2                  -800   81             0
 43-49       0      30.5-32.4          50                                   82             0
 50-52    -450      32.5 & Above       75                                   83            30
                                                                            84            40
                                                                            85            50
                                                                            86 & above    60
* Quotations are established by USDA, Agricultural Marketing Service.
* [-] sign means points off NYCE futures market.