Cotton On-Call Report

|                                Weekly Report No. 11
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  3/15/02
|
|                                 (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    |  3/15/02 |  Week
|-------------------------------------------------------------------------------
|March    '02          0          0          0          0          0        -9
|May      '02      4,789         29      4,460        360     24,561       332
|July     '02      9,644        136      2,710       -987     18,624     1,594
|October  '02      2,526         61        151        -15        644        46
|December '02      3,968        507      2,297        315     15,736       116
|March    '03      2,188        226         59          0      1,544         1
|May      '03      1,596         94         82          2      1,261       -24
|July     '03      1,997        -12        383         13        780         0
|October  '03        334         59          0          0         37         0
|December '03        510        -32          0          0        120         0
|             ------------------------------------------------------------------
|   Totals:       27,552      1,068     10,142       -312     63,307     2,056
|-------------------------------------------------------------------------------
|
|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 (201) 234-6922.
|
|Released after 3:00 p.m. Eastern Time
|3/21/02
|
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