Cotton On Call Report

|                                Weekly Report No. 12
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  3/23/01
|
|                                 (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    |  3/23/01 |  Week
|-------------------------------------------------------------------------------
|May      '01      2,198       -272      6,553        267     32,395    -1,314
|July     '01      9,421       -436      2,401          9     16,154     1,099
|October  '01      1,329        197        500          2      1,186      -121
|December '01      5,487        292      4,138      1,784     17,403     1,316
|March    '02     13,006        496      5,015          0      2,074       391
|May      '02      5,166        176          0          0      1,715       360
|July     '02      8,305        297          0          0      1,118        42
|October  '02        969         53          0          0        150         0
|December '02        547        100        142          0        808       503
|March    '03         38          1          0          0         10        10
|May      '03         22          7          0          0          0         0
|July     '03         44         14          0          0          0         0
|             ------------------------------------------------------------------
|   Totals:       46,532        925     18,749      2,062     73,013     2,286
|-------------------------------------------------------------------------------
|
|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 (212) 488-1311.
|
|Released after 3:00 p.m. Eastern Time
|3/29/01
|
|