
Fresno Cotton Exchange P.O. Box 11486 Fresno, Ca. 93773-1486 (559) 226-6181	San Joaquin Valley Spot Quotes SJV Sheet #: 372 effective: 04/18/02 USDA Published: 18-Apr-2002

SLM 1-16, #4 leaf base, -425 Jul-2002 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 |     0   450   780   815| | 32    |1&2 |  -325   -25     0     0
        | 3  |   -65   385   565   600| |       | 3  |  -375   -75   -50   -50
        | 4  |  -275    50    80   150| |       | 4  |  -525  -225  -225  -225
        | 5  |  -550  -350  -345  -335| |       | 5  |  -950  -700  -700  -700
        | 6  |  -825  -625  -625  -625| |       | 6  | -1100  -900  -900  -900
        | 7  | -1050  -950  -950  -950| |       | 7  | -1275 -1175 -1175 -1175
        |    |                        | |       |    |
  31    |1&2 |   -50   300   405   440| | 42    |1&2 |  -825  -675  -675  -675
        | 3  |   -50   300   355   390| |       | 3  |  -875  -725  -725  -725
        | 4  |  -275   -25   -25    10| |       | 4  |  -925  -825  -825  -825
        | 5  |  -625  -425  -420  -410| |       | 5  | -1100 -1025 -1025 -1025
        | 6  |  -950  -750  -750  -750| |       | 6  | -1325 -1300 -1300 -1300
        | 7  | -1100 -1000 -1000 -1000| |       | 7  | -1425 -1425 -1425 -1425
        |    |                        | |       |    |
  41    |1&2 |  -225    75   105   115| | 52    |1&2 | -1150 -1100 -1100 -1100
        | 3  |  -275    25    55    65| |       | 3  | -1150 -1100 -1100 -1100
        | 4  |  -425  -125   -95   -85| |       | 4  | -1250 -1200 -1200 -1200
        | 5  |  -850  -625  -620  -610| |       | 5  | -1300 -1250 -1250 -1250
        | 6  | -1100  -875  -875  -875| |       | 6  | -1450 -1450 -1450 -1450
        | 7  | -1250 -1150 -1150 -1150| |       | 7  | -1650 -1650 -1650 -1650
        |    |                        | |       |    |
  51    |1&2 | -1000  -800  -800  -800| | 33    |1&2 |  -925  -925  -925  -925
        | 3  | -1025  -825  -825  -825| |       | 3  |  -925  -925  -925  -925
        | 4  | -1075  -875  -875  -875| |       | 4  | -1025 -1025 -1025 -1025
        | 5  | -1175 -1025 -1025 -1025| |       | 5  | -1225 -1225 -1225 -1225
        | 6  | -1325 -1225 -1225 -1225| |       | 6  | -1500 -1500 -1500 -1500
        | 7  | -1475 -1375 -1375 -1375| |       | 7  | -1650 -1650 -1650 -1650
        |    |                        | |       |    |
  12&22 |1&2 |  -200   200   230   240| | 43    |1&2 | -1300 -1300 -1300 -1300
        | 3  |  -275   125   155   165| |       | 3  | -1300 -1300 -1300 -1300
        | 4  |  -400  -100   -95   -85| |       | 4  | -1350 -1350 -1350 -1350
        | 5  |  -675  -475  -475  -475| |       | 5  | -1500 -1500 -1500 -1500
        | 6  |  -925  -825  -825  -825| |       | 6  | -1650 -1650 -1650 -1650
        | 7  | -1200 -1125 -1125 -1125| |       | 7  | -1850 -1850 -1850 -1850

---- 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.