Cotton On-Call Report


|                                Weekly Report No. 50
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  12/14/01
|
|                                 (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    |  12/14/01|  Week
|-------------------------------------------------------------------------------
|March    '02     13,207       -435     13,080         38     29,934    -1,250
|May      '02      7,334       -301      2,931        -38      9,686      -235
|July     '02     13,249        -90      1,893         56      9,546        39
|October  '02      2,154        315        151          0        404        85
|December '02      2,912        521        322          0      5,989       648
|March    '03      1,124        -31         50         50        870       156
|May      '03        758         25         49          0        862        24
|July     '03        981         30         70        -50        467        38
|October  '03        169         40          0          0         10         0
|December '03        209        108          0          0          0         0
|             ------------------------------------------------------------------
|   Totals:       42,097        182     18,546         56     57,768      -495
|-------------------------------------------------------------------------------
|
|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
|12/20/01
|
|