Cotton On-Call Report

**Weekly Report 8**

"On call" positions in spot cotton based on New York Cotton futures
reported by merchants in special account status¹ as of 02/20/2004

**(In Contracts)**
Futures Based On:	Call Cotton Based New York				Open Futures Contracts New York Board of Trade
Futures Based On:	Unfixed Call Sales	Change From Previous Week	Unfixed Call Purchases	Change From Previous Week	At Close 02/20/2004	Change From Previous Week
March 2004	167	-2,083	265	-1,945	1,213	-12,998
May 2004	5,233	370	3,500	1,456	54,048	7,678
July 2004	14,035	-909	546	123	14,188	3,099
October 2004	1,962	4	1,099	1	595	15
December 2004	3,915	194	3,946	170	7,413	1,037
March 2005	2,284	61	149	49	1,124	161
May 2005	1,936	102	165	0	336	-3
July 2005	2,831	167	0	0	436	193
October 2005	21	21	0	0	0	0
December 2005	1,417	14	0	0	160	0
March 2006	74	0	0	0	0	0
May 2006	112	0	0	0	0	0
July 2006	119	0	0	0	0	0
Totals	34,106	-2,059	9,670	-146	79,513	-818
¹ Merchants with futures positions of 50 or more contracts in one future. 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 2/26/2004