Cotton On-Call Report

|                                Weekly Report No. 8
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  2/22/02
|
|                                 (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    |  2/22/02 |  Week
|-------------------------------------------------------------------------------
|March    '02        149     -1,275*        13     -1,919*       452    -8,307
|May      '02      4,393     -1,025*     3,866      1,277     27,468     3,832
|July     '02      9,533     -1,924*     3,331         95*    15,549     1,688
|October  '02      1,944       -177*       166         15        560        38
|December '02      3,538        397*     1,967         40     14,906     1,849
|March    '03      1,778        106          0          0      1,504       147
|May      '03      1,311        196         80          0      1,300        81
|July     '03      1,718        219        370          0        786       106
|October  '03        275         16          0          0         37        27
|December '03        468        150          0          0        116        10
|             ------------------------------------------------------------------
|   Totals:       25,107     -3,317*     9,793       -492*    62,678      -529
|-------------------------------------------------------------------------------
|
|1/ Merchants with futures positions of 50 or more contracts in one future.
|*Changes from the previous week are based on revised data for last week.
|
|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
|2/28/02
|
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