Fresno Cotton Exchange
P.O. Box 11486
Fresno, Ca. 93773-1486 (559) 226-6181

San Joaquin Valley Spot Quotes
SJV Sheet #: 403 effective: 02/11/04
USDA Published: 11-Feb-2004

SLM 1-16, #4 leaf base, -575 Mar-2004 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   500   690   740| | 32    |1&2 |  -475  -175  -150  -150
        |  3 |  -165   435   540   625| |       |  3 |  -525  -225  -200  -200
        |  4 |  -475  -100   -20   100| |       |  4 |  -675  -375  -375  -375
        |  5 |  -700  -500  -445  -385| |       |  5 | -1100  -850  -850  -850
        |  6 |  -975  -775  -725  -675| |       |  6 | -1250 -1050 -1050 -1050
        |  7 | -1200 -1100 -1050 -1000| |       |  7 | -1425 -1325 -1325 -1325
        |    |                        | |       |    |                        
     31 |1&2 |  -150   400   480   565| | 42    |1&2 |  -975  -825  -825  -825
        |  3 |  -150   400   430   515| |       |  3 | -1025  -875  -875  -875
        |  4 |  -475  -325  -275  -190| |       |  4 | -1075  -975  -975  -975
        |  5 |  -775  -575  -520  -460| |       |  5 | -1250 -1175 -1175 -1175
        |  6 | -1100  -900  -850  -800| |       |  6 | -1475 -1450 -1450 -1450
        |  7 | -1250 -1150 -1100 -1050| |       |  7 | -1575 -1575 -1575 -1575
        |    |                        | |       |    |                        
     41 |1&2 |  -375  -125   -95   -85| | 52    |1&2 | -1300 -1250 -1250 -1250
        |  3 |  -425  -175  -145  -135| |       |  3 | -1300 -1250 -1250 -1250
        |  4 |  -575  -325  -295  -285| |       |  4 | -1400 -1350 -1350 -1350
        |  5 | -1000  -775  -770  -760| |       |  5 | -1450 -1400 -1400 -1400
        |  6 | -1250 -1025 -1025 -1025| |       |  6 | -1600 -1600 -1600 -1600
        |  7 | -1400 -1300 -1300 -1300| |       |  7 | -1800 -1800 -1800 -1800
        |    |                        | |       |    |                        
     51 |1&2 | -1150  -950  -950  -950| | 33    |1&2 | -1075 -1075 -1075 -1075
        |  3 | -1175  -975  -975  -975| |       |  3 | -1075 -1075 -1075 -1075
        |  4 | -1225 -1025 -1025 -1025| |       |  4 | -1175 -1175 -1175 -1175
        |  5 | -1325 -1175 -1175 -1175| |       |  5 | -1375 -1375 -1375 -1375
        |  6 | -1475 -1375 -1375 -1375| |       |  6 | -1650 -1650 -1650 -1650
        |  7 | -1625 -1525 -1525 -1525| |       |  7 | -1800 -1800 -1800 -1800
        |    |                        | |       |    |                        
  12&22 |1&2 |  -350    50   130   190| | 43    |1&2 | -1450 -1450 -1450 -1450
        |  3 |  -425   -25    55   115| |       |  3 | -1450 -1450 -1450 -1450
        |  4 |  -550  -250  -195  -135| |       |  4 | -1500 -1500 -1500 -1500
        |  5 |  -825  -625  -575  -525| |       |  5 | -1650 -1650 -1650 -1650
        |  6 | -1075  -975  -925  -875| |       |  6 | -1800 -1800 -1800 -1800
        |  7 | -1350 -1275 -1225 -1175| |       |  7 | -2000 -2000 -2000 -2000

---- Mike ----
Range	Diff.
27-29	-1250
30-32	-550
33-34	-350
35-36	0
37-42	25
43-49	0
50-52	-450

-Strength (grams per tex)-
Range	Diff.
23.5-24.4	-100
24.5-25.4	-100
25.5-26.4	-50
26.5-28.4	0
28.5-29.4	0
29.5-30.4	25
30.5-32.4	50
32.5 & Above	75

- Extraneous Matter -
Other Level	Diff.
1	-400
2	-925
Prep Level
1	-50
2	-800

- Uniformity -
Level	Diff.
77 & below	-60
78	-50
79	-40
80	0
81	0
82	0
83	30
84	40
85	50
86 & above	60

* Quotations are established by USDA, Agricultural Marketing Service.
* [-] sign means points off NYCE futures market.