Cotton On-Call Report

|                                Weekly Report No. 9
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  3/1/02
|
|                                 (In Contracts)
|
|-------------------------------------------------------------------------------
|            |                                           |    Open Futures
|            |        Call Cotton Based New York         | Contracts - New York
|            |                                           |   Cotton Exchange
|Futures     |-------------------------------------------|----------------------
|            |  Unfixed |  Change  |  Unfixed |  Change  |  At      |  Change
|Based       |  Call    |  From    |  Call    |  From    |  Close   |  From
|            |  Sales   |  Prev.   |  Purchs. |  Prev.   |          |  Prev.
|On:         |          |  Week    |          |  Week    |  3/1/02  |  Week
|-------------------------------------------------------------------------------
|March    '02        120        -29         13          0         68      -384
|May      '02      4,803        410      4,059        193     27,298      -170
|July     '02      9,082       -451      3,551        220     16,163       614
|October  '02      2,014         70        166          0        572        12
|December '02      3,450        -88      1,982         15     15,562       656
|March    '03      1,975        197         41         41      1,524        20
|May      '03      1,471        160         80          0      1,305         5
|July     '03      1,903        185        370          0        780        -6
|October  '03        275          0          0          0         37         0
|December '03        413        -55          0          0        116         0
|             ------------------------------------------------------------------
|   Totals:       25,506        399     10,262        469     63,425       747
|-------------------------------------------------------------------------------
|
|1/ Merchants with futures positions of 50 or more contracts in one future.
|
|
|This report is published by the Commission's Division of Economic Analysis.
|If you have any questions concerning this report, call Vincent G. Varisano,
|Industry Economist, Eastern Region at (201) 234-6922.
|
|Released after 3:00 p.m. Eastern Time
|3/7/02
|
|