Cotton On-Call Report

|                                Weekly Report No. 6
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  2/7/03
|
|                                 (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    |  2/7/03  |  Week
|-------------------------------------------------------------------------------
|March    '03      5,799     -1,838      2,440       -233     37,020    -6,441
|May      '03      9,194         29      2,115        124     32,798     5,502
|July     '03     15,532       -320        640         23      9,130       595
|October  '03      4,347          9        344         14        764        16
|December '03      3,785        -20      2,065        169      8,341       399
|March    '04        887          0         81         60      1,480       109
|May      '04        945          9         15          0        326         0
|July     '04      1,294         34         14          0        457         1
|October  '04        292          0         14          0          1         0
|December '04        288          5         21          0         60         0
|             ------------------------------------------------------------------
|   Totals:       42,363     -2,092      7,749        157     90,377       181
|-------------------------------------------------------------------------------
|
|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
|2/13/03
|
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