Cotton On-Call Report

Weekly Report  1

"On call" positions in spot cotton based on New York Cotton futures
reported by merchants in special account status1 as of 01/02/2004

(In Contracts)

Futures
Based
On:

Call Cotton Based New York

Open Futures Contracts
New York Board of Trade

Unfixed Call Sales Change From Previous Week Unfixed Call Purchases Change From Previous Week At Close
12/31/2003 		Change From Previous Week
March 2004 13,261 -803 8,789 -954 59,583 4,796
May 2004 8,022 -501 747 29 12,383 172
July 2004 16,726 100 272 86 5,865 113
October 2004 2,318 0 983 -9 344 1
December 2004 3,409 106 2,192 99 4,154 -162
March 2005 1,432 187 8 0 712 10
May 2005 1,210 66 79 79 210 0
July 2005 1,922 66 0 0 190 0
December 2005 1,270 0 0 0 0 0
March 2006 74 0 0 0 0 0
May 2006 112 0 0 0 0 0
July 2006 119 0 0 0 0 0
Totals 49,875 -779 13,070 -670 83,441 4,930

1 Merchants with futures positions of 50 or more contracts in one future.

Open Futures Contracts are for December 31, 2003 because the Exchange
was closed on January 2, 2004.


This report is published by the Commission's Division of Market Oversight.
If you have any questions concerning this report, call Vincent G. Varisano
Industry Economist, Eastern Region at (646) 746-9775.


Released after 3:00 p.m. Eastern Time
1/8/2004