Cotton On-Call Report

|                                Weekly Report No. 47
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  11/22/02
|
|                                 (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    |  11/22/02|  Week
|-------------------------------------------------------------------------------
|December '02        336     -3,655        229     -3,313        490   -20,467
|March    '03     11,346      1,638      2,576      1,605     51,266    12,932
|May      '03      9,982        602      2,555         -8     16,799     1,358
|July     '03     15,453         55        620        408      5,919       535
|October  '03      3,734        184         99         13        279        30
|December '03      3,162        -76        248        215      3,779       940
|March    '04        342          0          0          0        168         0
|May      '04        132          1          0          0        258         0
|July     '04        153          0          0          0        207         0
|October  '04          0          0          0          0          1         1
|             ------------------------------------------------------------------
|   Totals:       44,640     -1,251      6,327     -1,080     79,166    -4,671
|-------------------------------------------------------------------------------
|
|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 (646) 746-9775.
|
|Released after 3:00 p.m. Eastern Time
|11/29/02
|
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