Cotton On-Call Report

|                                Weekly Report No. 46
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  11/16/01
|
|                                 (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    |  11/16/01|  Week
|-------------------------------------------------------------------------------
|December '01      1,252     -3,396      4,046     -5,344*    12,283    -9,750
|March    '02     14,466       -364      9,374        186     25,114     7,701
|May      '02      8,211       -578      2,965         33      6,938       723
|July     '02     14,495       -552      1,518        350      7,327       308
|October  '02      2,046        144        151         11        356        85
|December '02      2,264        -95        297         90      4,604       591
|March    '03      1,016        -31          0          0        580        69
|May      '03        710          0         29         18        372        55
|July     '03        927          0         51         31        248        91
|October  '03         70          0          0          0         10         0
|December '03         80          0          0          0          0         0
|             ------------------------------------------------------------------
|   Totals:       45,537     -4,872     18,431     -4,625*    57,832      -127
|-------------------------------------------------------------------------------
|
|1/ Merchants with futures positions of 50 or more contracts in one future.

| * Changes from 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 (917) 225-7817.
|
|Released after 3:00 p.m. Eastern Time
|11/26/01
|
|