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

San Joaquin Valley Spot Quotes
SJV Sheet #: 432 effective: 01/14/05
USDA Published: 14-Jan-2005

SLM 1-16, #4 leaf base, 0 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  1475  1640  1690| | 32    |1&2 |   100   400   425   425
        |  3 |   685  1360  1440  1525| |       |  3 |    50   350   375   375
        |  4 |   100   475   555   675| |       |  4 |  -100   200   200   200
        |  5 |  -125    75   130   190| |       |  5 |  -525  -275  -275  -275
        |  6 |  -400  -200  -150  -100| |       |  6 |  -675  -475  -475  -475
        |  7 |  -625  -525  -475  -425| |       |  7 |  -850  -750  -750  -750
        |    |                        | |       |    |                        
     31 |1&2 |   700  1400  1480  1565| | 42    |1&2 |  -400   -50   -25   -25
        |  3 |   700  1325  1355  1440| |       |  3 |  -450  -100   -75   -75
        |  4 |   100   450   500   585| |       |  4 |  -500  -200  -175  -175
        |  5 |  -200     0    55   115| |       |  5 |  -675  -450  -425  -425
        |  6 |  -525  -325  -275  -225| |       |  6 |  -900  -875  -875  -875
        |  7 |  -675  -575  -525  -475| |       |  7 | -1000 -1000 -1000 -1000
        |    |                        | |       |    |                        
     41 |1&2 |   200   650   730   740| | 52    |1&2 |  -725  -675  -675  -675
        |  3 |   150   600   680   690| |       |  3 |  -725  -675  -675  -675
        |  4 |     0   350   430   440| |       |  4 |  -825  -775  -775  -775
        |  5 |  -425  -200  -195  -185| |       |  5 |  -875  -825  -825  -825
        |  6 |  -675  -450  -450  -450| |       |  6 | -1025 -1025 -1025 -1025
        |  7 |  -825  -725  -725  -725| |       |  7 | -1225 -1225 -1225 -1225
        |    |                        | |       |    |                        
     51 |1&2 |  -575  -125   -75   -75| | 33    |1&2 |  -500  -500  -500  -500
        |  3 |  -600  -150  -100  -100| |       |  3 |  -500  -500  -500  -500
        |  4 |  -650  -200  -150  -150| |       |  4 |  -600  -600  -600  -600
        |  5 |  -750  -350  -300  -300| |       |  5 |  -800  -800  -800  -800
        |  6 |  -900  -800  -800  -800| |       |  6 | -1075 -1075 -1075 -1075
        |  7 | -1050  -950  -950  -950| |       |  7 | -1225 -1225 -1225 -1225
        |    |                        | |       |    |                        
  12&22 |1&2 |   225   725   805   865| | 43    |1&2 |  -875  -875  -875  -875
        |  3 |   150   650   730   790| |       |  3 |  -875  -875  -875  -875
        |  4 |    25   425   480   540| |       |  4 |  -925  -925  -925  -925
        |  5 |  -250   -50     0    50| |       |  5 | -1075 -1075 -1075 -1075
        |  6 |  -500  -400  -350  -300| |       |  6 | -1225 -1225 -1225 -1225
        |  7 |  -775  -700  -650  -600| |       |  7 | -1425 -1425 -1425 -1425

---- 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.