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

San Joaquin Valley Spot Quotes
SJV Sheet #: 427 effective: 11/29/04
USDA Published: 29-Nov-2004

SLM 1-16, #4 leaf base, 200 Mar-2005 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 |   750  1325  1465  1515| | 32    |1&2 |   300   600   625   625
        |  3 |   685  1210  1290  1375| |       |  3 |   250   550   575   575
        |  4 |   300   675   755   875| |       |  4 |   100   400   400   400
        |  5 |    75   275   330   390| |       |  5 |  -325   -75   -75   -75
        |  6 |  -200     0    50   100| |       |  6 |  -475  -275  -275  -275
        |  7 |  -425  -325  -275  -225| |       |  7 |  -650  -550  -550  -550
        |    |                        | |       |    |                        
     31 |1&2 |   700  1275  1355  1440| | 42    |1&2 |  -200   100   100   100
        |  3 |   700  1200  1230  1315| |       |  3 |  -250    50    50    50
        |  4 |   300   450   500   585| |       |  4 |  -300   -50   -50   -50
        |  5 |     0   200   255   315| |       |  5 |  -475  -300  -300  -300
        |  6 |  -325  -125   -75   -25| |       |  6 |  -700  -675  -675  -675
        |  7 |  -475  -375  -325  -275| |       |  7 |  -800  -800  -800  -800
        |    |                        | |       |    |                        
     41 |1&2 |   400   650   680   690| | 52    |1&2 |  -525  -475  -475  -475
        |  3 |   350   600   630   640| |       |  3 |  -525  -475  -475  -475
        |  4 |   200   450   480   490| |       |  4 |  -625  -575  -575  -575
        |  5 |  -225     0     5    15| |       |  5 |  -675  -625  -625  -625
        |  6 |  -475  -250  -250  -250| |       |  6 |  -825  -825  -825  -825
        |  7 |  -625  -525  -525  -525| |       |  7 | -1025 -1025 -1025 -1025
        |    |                        | |       |    |                        
     51 |1&2 |  -375   -25   -25   -25| | 33    |1&2 |  -300  -300  -300  -300
        |  3 |  -400   -50   -50   -50| |       |  3 |  -300  -300  -300  -300
        |  4 |  -450  -100  -100  -100| |       |  4 |  -400  -400  -400  -400
        |  5 |  -550  -250  -250  -250| |       |  5 |  -600  -600  -600  -600
        |  6 |  -700  -600  -600  -600| |       |  6 |  -875  -875  -875  -875
        |  7 |  -850  -750  -750  -750| |       |  7 | -1025 -1025 -1025 -1025
        |    |                        | |       |    |                        
  12&22 |1&2 |   425   825   905   965| | 43    |1&2 |  -675  -675  -675  -675
        |  3 |   350   750   830   890| |       |  3 |  -675  -675  -675  -675
        |  4 |   225   525   580   640| |       |  4 |  -725  -725  -725  -725
        |  5 |   -50   150   200   250| |       |  5 |  -875  -875  -875  -875
        |  6 |  -300  -200  -150  -100| |       |  6 | -1025 -1025 -1025 -1025
        |  7 |  -575  -500  -450  -400| |       |  7 | -1225 -1225 -1225 -1225

---- 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.