Cotton On-Call Report

**Weekly Report 12**

"On call" positions in spot cotton based on New York Cotton futures
reported by merchants in special account status¹ as of 03/19/2004

**(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 03/19/2004	Change From Previous Week
March 2004	0	-20	0	-58	0	-35
May 2004	3,146	-150	2,854	74	51,615	-107
July 2004	11,064	-79	607	11	18,868	1,216
October 2004	1,673	26	1,132	1	887	35
December 2004	5,112	331	5,138	134	12,045	1,177
March 2005	3,714	640	191	0	2,806	344
May 2005	2,486	53	170	0	383	-10
July 2005	3,276	53	55	5	701	112
October 2005	144	110	0	0	1	0
December 2005	1,475	40	0	0	188	0
March 2006	60	7	0	0	0	0
May 2006	61	-51	0	0	0	0
July 2006	119	0	50	0	0	0
March 2007	13	13	0	0	0	0
Totals	32,343	973	10,197	167	87,494	2,732
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 3/25/2004