Cotton On-Call Report

Weekly Report  3

"On call" positions in spot cotton based on New York Cotton futures
reported by merchants in special account status1 as of 01/16/2004

(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
01/16/2004
Change From Previous Week
March 2004 10,313 -1,007 5,981 -710 61,498 -1,265
May 2004 7,941 -217 858 -5 16,412 1,610
July 2004 16,715 -102 289 0 7,257 663
October 2004 2,194 -105 987 -17 426 79
December 2004 3,261 129 2,786 188 5,549 697
March 2005 2,187 83 8 0 819 36
May 2005 670 0 79 0 219 2
July 2005 1,994 0 0 0 209 3
December 2005 1,332 0 0 0 108 2
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 46,912 -1,219 10,988 -544 92,497 1,827

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



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
1/22/2004