Cotton On-Call Report

Weekly Report  4

"On call" positions in spot cotton based on New York Cotton futures
reported by merchants in special account status1 as of 01/21/2005

(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
01/21/2005 		Change From Previous Week
March 2005 6,812 -722 1,616 -519 63,944 2,257
May 2005 8,089 52 1,133 159 15,874 3,040
July 2005 13,859 -217 1,111 242 11,407 -80
October 2005 2,900 -49 161 20 481 65
December 2005 5,406 15 1,746 1,097 5,883 -195
March 2006 630 135 0 0 1,017 26
May 2006 992 82 0 0 412 0
July 2006 1,012 32 370 100 163 0
October 2006 121 13 0 0 0 0
December 2006 226 0 0 0 0 0
March 2007 26 0 0 0 0 0
March 2008 13 0 0 0 0 0
Totals 40,086 -659 6,137 1,099 99,181 5,113

1 Merchants with futures positions of 100 or more contracts in one future.

Effective January 20, 2005, the level of special account status in cotton
increased from futures positions of 50 contracts or more in one future
to 100 contracts or more.

This report is published by the Commission's Division of Market Oversight.
If you have any questions concerning this report, call Walter Spilka
Industry Economist, Eastern Region at (646) 746-9777.


Released after 3:00 p.m. Eastern Time
1/27/2005