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

San Joaquin Valley Spot Quotes
SJV Sheet #: 424 effective: 09/17/04
USDA Published: 17-Sep-2004

SLM 1-16, #4 leaf base, -75 Dec-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 |   475  1050  1190  1240| | 32    |1&2 |    25   325   350   350
        |  3 |   410   935  1015  1100| |       |  3 |   -25   275   300   300
        |  4 |    25   400   480   600| |       |  4 |  -175   125   125   125
        |  5 |  -200     0    55   115| |       |  5 |  -600  -350  -350  -350
        |  6 |  -475  -275  -225  -175| |       |  6 |  -750  -550  -550  -550
        |  7 |  -700  -600  -550  -500| |       |  7 |  -925  -825  -825  -825
        |    |                        | |       |    |                        
     31 |1&2 |   425   900   980  1065| | 42    |1&2 |  -475  -175  -175  -175
        |  3 |   425   900   930  1015| |       |  3 |  -525  -225  -225  -225
        |  4 |    25   175   225   310| |       |  4 |  -575  -325  -325  -325
        |  5 |  -275   -75   -20    40| |       |  5 |  -750  -575  -575  -575
        |  6 |  -600  -400  -350  -300| |       |  6 |  -975  -950  -950  -950
        |  7 |  -750  -650  -600  -550| |       |  7 | -1075 -1075 -1075 -1075
        |    |                        | |       |    |                        
     41 |1&2 |   125   375   405   415| | 52    |1&2 |  -800  -750  -750  -750
        |  3 |    75   325   355   365| |       |  3 |  -800  -750  -750  -750
        |  4 |   -75   175   205   215| |       |  4 |  -900  -850  -850  -850
        |  5 |  -500  -275  -270  -260| |       |  5 |  -950  -900  -900  -900
        |  6 |  -750  -525  -525  -525| |       |  6 | -1100 -1100 -1100 -1100
        |  7 |  -900  -800  -800  -800| |       |  7 | -1300 -1300 -1300 -1300
        |    |                        | |       |    |                        
     51 |1&2 |  -650  -300  -300  -300| | 33    |1&2 |  -575  -575  -575  -575
        |  3 |  -675  -325  -325  -325| |       |  3 |  -575  -575  -575  -575
        |  4 |  -725  -375  -375  -375| |       |  4 |  -675  -675  -675  -675
        |  5 |  -825  -525  -525  -525| |       |  5 |  -875  -875  -875  -875
        |  6 |  -975  -875  -875  -875| |       |  6 | -1150 -1150 -1150 -1150
        |  7 | -1125 -1025 -1025 -1025| |       |  7 | -1300 -1300 -1300 -1300
        |    |                        | |       |    |                        
  12&22 |1&2 |   150   550   630   690| | 43    |1&2 |  -950  -950  -950  -950
        |  3 |    75   475   555   615| |       |  3 |  -950  -950  -950  -950
        |  4 |   -50   250   305   365| |       |  4 | -1000 -1000 -1000 -1000
        |  5 |  -325  -125   -75   -25| |       |  5 | -1150 -1150 -1150 -1150
        |  6 |  -575  -475  -425  -375| |       |  6 | -1300 -1300 -1300 -1300
        |  7 |  -850  -775  -725  -675| |       |  7 | -1500 -1500 -1500 -1500

---- 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.