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

San Joaquin Valley Spot Quotes
SJV Sheet #: 416 effective: 06/03/04
USDA Published: 3-Jun-2004

SLM 1-16, #4 leaf base, -175 Jul-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 |   375   950  1140  1190| | 32    |1&2 |   -75   225   250   250
        |  3 |   310   885   965  1050| |       |  3 |  -125   175   200   200
        |  4 |   -75   300   380   500| |       |  4 |  -275    25    25    25
        |  5 |  -300  -100   -45    15| |       |  5 |  -700  -450  -450  -450
        |  6 |  -575  -375  -325  -275| |       |  6 |  -850  -650  -650  -650
        |  7 |  -800  -700  -650  -600| |       |  7 | -1025  -925  -925  -925
        |    |                        | |       |    |                        
     31 |1&2 |   325   850   930  1015| | 42    |1&2 |  -575  -275  -275  -275
        |  3 |   325   850   880   965| |       |  3 |  -625  -325  -325  -325
        |  4 |   -75    75   125   210| |       |  4 |  -675  -425  -425  -425
        |  5 |  -375  -175  -120   -60| |       |  5 |  -850  -675  -675  -675
        |  6 |  -700  -500  -450  -400| |       |  6 | -1075 -1050 -1050 -1050
        |  7 |  -850  -750  -700  -650| |       |  7 | -1175 -1175 -1175 -1175
        |    |                        | |       |    |                        
     41 |1&2 |    25   275   305   315| | 52    |1&2 |  -900  -850  -850  -850
        |  3 |   -25   225   255   265| |       |  3 |  -900  -850  -850  -850
        |  4 |  -175    75   105   115| |       |  4 | -1000  -950  -950  -950
        |  5 |  -600  -375  -370  -360| |       |  5 | -1050 -1000 -1000 -1000
        |  6 |  -850  -625  -625  -625| |       |  6 | -1200 -1200 -1200 -1200
        |  7 | -1000  -900  -900  -900| |       |  7 | -1400 -1400 -1400 -1400
        |    |                        | |       |    |                        
     51 |1&2 |  -750  -400  -400  -400| | 33    |1&2 |  -675  -675  -675  -675
        |  3 |  -775  -425  -425  -425| |       |  3 |  -675  -675  -675  -675
        |  4 |  -825  -475  -475  -475| |       |  4 |  -775  -775  -775  -775
        |  5 |  -925  -625  -625  -625| |       |  5 |  -975  -975  -975  -975
        |  6 | -1075  -975  -975  -975| |       |  6 | -1250 -1250 -1250 -1250
        |  7 | -1225 -1125 -1125 -1125| |       |  7 | -1400 -1400 -1400 -1400
        |    |                        | |       |    |                        
  12&22 |1&2 |    50   450   530   590| | 43    |1&2 | -1050 -1050 -1050 -1050
        |  3 |   -25   375   455   515| |       |  3 | -1050 -1050 -1050 -1050
        |  4 |  -150   150   205   265| |       |  4 | -1100 -1100 -1100 -1100
        |  5 |  -425  -225  -175  -125| |       |  5 | -1250 -1250 -1250 -1250
        |  6 |  -675  -575  -525  -475| |       |  6 | -1400 -1400 -1400 -1400
        |  7 |  -950  -875  -825  -775| |       |  7 | -1600 -1600 -1600 -1600

---- 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.