Cotton On-Call Report


|                                Weekly Report No. 51
|
|      "On call" positions in spot cotton based on New York Cotton futures
|      reported by merchants in special account status 1/ as of  12/21/01
|
|                                 (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    |  12/21/01|  Week
|-------------------------------------------------------------------------------
|March    '02     13,079       -137*    12,948        -93*    29,970        36
|May      '02      7,580        130*     2,806       -125     10,450       764
|July     '02     13,723        427*     1,985         92      9,944       398
|October  '02      2,120        -34        206         55        437        33
|December '02      2,945         33        357         35      6,265       276
|March    '03      1,124          0          0        -50        942        72
|May      '03        809         51         49          0        863         1
|July     '03        981          0        120         50        525        58
|October  '03        169          0          0          0         10         0
|December '03        209          0          0          0          0         0
|             ------------------------------------------------------------------
|   Totals:       42,739        470*    18,471        -36*    59,406     1,638
|-------------------------------------------------------------------------------
|
|1/ Merchants with futures positions of 50 or more contracts in one future.
|* Changes from the 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 (201) 234-6922.
|
|Released after 3:00 p.m. Eastern Time
|12/27/01
|
|