Cotton On-Call Report

|                                Weekly Report No. 14
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  4/5/02
|
|                                 (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    |  4/5/02  |  Week
|-------------------------------------------------------------------------------
|May      '02      3,639       -210      4,006       -261     19,227    -3,176
|July     '02      9,064       -421      3,127        140     22,499     1,421
|October  '02      2,393        -14        191          0        740        13
|December '02      3,919       -112      4,237         21     16,891       251
|March    '03      2,865        366         86          0      1,807       126
|May      '03      1,908         89         94         12      1,326        13
|July     '03      2,380         40        388         -5        780         0
|October  '03        470         22          0          0         38         0
|December '03        501       -110          0          0        171         0
|March    '04          0          0          0          0         25         0
|             ------------------------------------------------------------------
|   Totals:       27,139       -350     12,129        -93     63,504    -1,352
|-------------------------------------------------------------------------------
|
|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
|4/11/02
|
|