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

San Joaquin Valley Spot Quotes
SJV Sheet #: 425 effective: 11/10/04
USDA Published: 10-Nov-2004

SLM 1-16, #4 leaf base, -25 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 |   525  1200  1340  1390| | 32    |1&2 |    75   375   400   400
        |  3 |   460  1085  1165  1250| |       |  3 |    25   325   350   350
        |  4 |    75   450   530   650| |       |  4 |  -125   175   175   175
        |  5 |  -150    50   105   165| |       |  5 |  -550  -300  -300  -300
        |  6 |  -425  -225  -175  -125| |       |  6 |  -700  -500  -500  -500
        |  7 |  -650  -550  -500  -450| |       |  7 |  -875  -775  -775  -775
        |    |                        | |       |    |                        
     31 |1&2 |   475  1050  1130  1215| | 42    |1&2 |  -425  -125  -125  -125
        |  3 |   475  1050  1080  1165| |       |  3 |  -475  -175  -175  -175
        |  4 |    75   225   275   360| |       |  4 |  -525  -275  -275  -275
        |  5 |  -225   -25    30    90| |       |  5 |  -700  -525  -525  -525
        |  6 |  -550  -350  -300  -250| |       |  6 |  -925  -900  -900  -900
        |  7 |  -700  -600  -550  -500| |       |  7 | -1025 -1025 -1025 -1025
        |    |                        | |       |    |                        
     41 |1&2 |   175   425   455   465| | 52    |1&2 |  -750  -700  -700  -700
        |  3 |   125   375   405   415| |       |  3 |  -750  -700  -700  -700
        |  4 |   -25   225   255   265| |       |  4 |  -850  -800  -800  -800
        |  5 |  -450  -225  -220  -210| |       |  5 |  -900  -850  -850  -850
        |  6 |  -700  -475  -475  -475| |       |  6 | -1050 -1050 -1050 -1050
        |  7 |  -850  -750  -750  -750| |       |  7 | -1250 -1250 -1250 -1250
        |    |                        | |       |    |                        
     51 |1&2 |  -600  -250  -250  -250| | 33    |1&2 |  -525  -525  -525  -525
        |  3 |  -625  -275  -275  -275| |       |  3 |  -525  -525  -525  -525
        |  4 |  -675  -325  -325  -325| |       |  4 |  -625  -625  -625  -625
        |  5 |  -775  -475  -475  -475| |       |  5 |  -825  -825  -825  -825
        |  6 |  -925  -825  -825  -825| |       |  6 | -1100 -1100 -1100 -1100
        |  7 | -1075  -975  -975  -975| |       |  7 | -1250 -1250 -1250 -1250
        |    |                        | |       |    |                        
  12&22 |1&2 |   200   600   680   740| | 43    |1&2 |  -900  -900  -900  -900
        |  3 |   125   525   605   665| |       |  3 |  -900  -900  -900  -900
        |  4 |     0   300   355   415| |       |  4 |  -950  -950  -950  -950
        |  5 |  -275   -75   -25    25| |       |  5 | -1100 -1100 -1100 -1100
        |  6 |  -525  -425  -375  -325| |       |  6 | -1250 -1250 -1250 -1250
        |  7 |  -800  -725  -675  -625| |       |  7 | -1450 -1450 -1450 -1450

---- 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.