2016 upland cotton loan schedule€¦ · base loan rate=52.00 base = 0 cents per pound level 1...

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2016 Upland Cotton Loan Schedule Calculated Basis United States Warehouse Locations Prepared by Plains Cotton Growers, Inc. 4517 West Loop 289 Lubbock, Texas 79414 Telephone: 806-792-4904 FAX: 806-792-4906 www.plainscotton.org

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Page 1: 2016 Upland Cotton Loan Schedule€¦ · Base Loan Rate=52.00 Base = 0 cents per pound Level 1 Level 2 Strength (g/tex) points 17.9 & lower-500 Bark Tex-NM-Oklahoma-KS-320 -505 18.0

2016Upland Cotton

Loan Schedule

Calculated Basis United States Warehouse LocationsPrepared by

Plains Cotton Growers, Inc.4517 West Loop 289

Lubbock, Texas 79414Telephone: 806-792-4904

FAX: 806-792-4906

www.plainscotton.org

Page 2: 2016 Upland Cotton Loan Schedule€¦ · Base Loan Rate=52.00 Base = 0 cents per pound Level 1 Level 2 Strength (g/tex) points 17.9 & lower-500 Bark Tex-NM-Oklahoma-KS-320 -505 18.0

Base Loan Rate= 52.00Base = 0 cents per pound

See foot note 1/, Page 1

Staple 2/ 26-31 32 33 34 35 36 37 38+ Color 3/ <---------------------------------------------------- points per pound---------------------------------------------------------->

Loan Loan Loan Loan Loan Loan Loan LoanRates Rates Rates Rates Rates Rates Rates Rates

SM & Leaf 1-2 49.15 49.90 51.50 53.45 55.75 56.90 57.25 57.35better 3 48.50 49.65 51.25 53.20 55.15 56.15 56.50 56.65

11 & 21 4 48.05 49.45 50.55 52.70 54.20 55.10 55.25 55.305 46.95 48.45 49.40 51.35 53.35 53.90 54.00 54.006 45.20 46.95 47.75 49.20 49.95 50.15 50.15 50.157 44.45 46.05 46.70 48.15 48.80 49.00 49.00 49.00

MID Leaf 1-2 48.30 49.70 51.10 53.05 55.20 56.40 56.60 56.70W 31 3 47.85 49.55 51.00 52.95 54.90 55.95 56.10 56.25H 4 47.25 49.25 50.10 52.50 53.75 54.50 54.70 54.80I 5 46.45 48.20 49.20 50.85 52.80 53.30 53.40 53.40T 6 44.75 46.75 47.70 49.05 49.60 49.85 49.90 49.90E 7 43.80 45.85 46.70 48.10 48.50 48.75 48.80 48.80 SLM Leaf 1-3 46.55 48.70 50.10 52.45 53.70 54.60 54.70 54.80 41 4 46.05 48.50 49.35 Base 53.15 54.10 54.20 54.30

5 45.70 47.40 48.25 50.05 51.10 51.80 51.80 51.806 44.10 46.10 46.85 48.25 48.95 49.25 49.25 49.257 42.95 45.05 45.65 47.05 47.75 47.90 47.90 47.90

LM Leaf 1-4 45.00 46.65 48.25 49.70 50.50 50.70 50.75 50.7551 5 44.50 45.75 46.50 48.30 49.15 49.50 49.50 49.50

6 42.85 44.80 45.45 47.00 47.55 47.80 47.80 47.807 41.85 44.05 44.35 45.80 46.30 46.50 46.50 46.50

SGO Leaf 1-5 44.25 45.20 45.75 47.40 47.95 48.00 48.00 48.0061 6 42.75 43.85 44.35 45.50 46.00 46.20 46.20 46.20

7 41.75 42.55 43.30 44.65 45.15 45.25 45.25 45.25GO Leaf 1-6 42.20 42.20 42.80 44.25 44.70 44.70 44.70 44.7071 7 41.30 41.85 42.35 43.85 44.15 44.15 44.15 44.15

SM & Leaf 1-2 47.45 49.35 50.85 52.80 54.30 55.35 55.40 55.50 better 3 47.00 49.10 50.70 52.65 53.90 54.95 55.05 55.15

12 & 22 4 46.70 48.85 49.85 51.60 53.25 54.40 54.45 54.55L 5 45.55 47.30 47.90 49.65 50.95 51.25 51.30 51.30I 6 43.90 46.10 46.60 47.70 48.50 48.65 48.70 48.70G 7 43.10 45.15 45.55 46.65 47.30 47.45 47.50 47.50H MID Leaf 1-2 47.00 48.55 50.10 51.65 52.35 52.95 52.95 53.00T 32 3 46.55 48.30 49.90 51.40 52.05 52.80 52.80 52.85

4 46.05 47.70 49.20 50.45 51.35 52.05 52.05 52.05 5 44.85 46.30 47.35 48.90 49.60 49.90 49.90 49.90

6 43.20 45.40 46.00 47.25 47.75 47.90 47.90 47.90 7 42.15 44.40 45.10 46.15 46.70 46.80 46.80 46.80

SLM Leaf 1-3 45.90 47.60 48.70 50.30 51.20 51.85 51.85 51.8542 4 45.40 47.00 48.55 49.95 50.65 51.30 51.30 51.30

S 5 44.30 45.70 46.95 48.30 49.15 49.30 49.30 49.30P 6 42.15 44.70 45.40 46.95 47.45 47.55 47.55 47.55O 7 41.35 43.65 44.45 45.65 46.30 46.35 46.35 46.35T LM Leaf 1-4 43.90 45.95 47.25 48.10 48.80 48.80 48.80 48.80T 52 5 43.15 45.10 45.90 47.10 47.70 47.70 47.70 47.70E 6 41.00 43.55 44.00 45.30 45.80 45.80 45.80 45.80D 7 40.25 42.35 42.75 44.10 44.55 44.55 44.55 44.55

SGO Leaf 1-5 42.65 43.90 44.50 45.75 46.05 46.05 46.05 46.0562 6 40.75 42.00 42.60 43.95 44.20 44.20 44.20 44.20

7 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00See footnotes page 2.

2016 Upland Cotton Loan ScheduleU. S. Location

Page 3: 2016 Upland Cotton Loan Schedule€¦ · Base Loan Rate=52.00 Base = 0 cents per pound Level 1 Level 2 Strength (g/tex) points 17.9 & lower-500 Bark Tex-NM-Oklahoma-KS-320 -505 18.0

Base Loan Rate= 52.00Base = 0 cents per pound

See foot note 1/, Page 2

Staple 2/ 26-31 32 33 34 35 36 37 38+ Color 3/ <------------------------------------------------------------------------- points per pound ------------------------------------------------------------------------------------------->

Loan Loan Loan Loan Loan Loan Loan LoanRates Rates Rates Rates Rates Rates Rates Rates

Leaf 1-2 45.40 47.40 48.00 50.05 50.70 50.85 50.85 50.853 45.10 46.65 47.30 49.55 50.20 50.35 50.35 50.35

13 & 23 4 43.85 45.65 46.05 48.30 48.95 49.10 49.10 49.105 42.70 44.85 45.25 47.55 48.15 48.30 48.30 48.306 41.95 43.90 44.45 46.60 47.15 47.25 47.25 47.257 44.65 46.90 47.50 49.70 50.15 50.30 50.30 50.30

MID Leaf 1-2 44.65 46.90 47.50 49.70 50.15 50.30 50.30 50.30S 33 3 43.90 46.15 46.80 49.20 49.65 49.75 49.75 49.75P 4 42.40 45.00 45.60 47.75 48.35 48.50 48.50 48.50O 5 41.75 44.15 44.30 47.05 47.25 47.35 47.35 47.35T 6 41.00 43.15 43.75 45.80 46.25 46.35 46.35 46.35T 7 44.15 45.70 46.70 48.25 48.70 48.85 48.85 48.85E SLM Leaf 1-3 43.40 45.25 46.25 47.90 48.50 48.65 48.65 48.65D 43 4 42.15 44.25 45.05 46.50 46.95 47.00 47.00 47.00 5 41.25 43.05 43.75 45.10 45.30 45.35 45.35 45.35

6 40.50 41.90 42.85 44.15 44.40 44.45 44.45 44.45 7 42.45 44.10 44.90 46.55 46.85 46.90 46.90 46.90

LM Leaf 1-4 41.45 43.15 43.65 45.30 45.60 45.60 45.60 45.6053 5 40.25 41.50 42.20 43.80 44.00 44.05 44.05 44.05

6 39.50 40.80 41.10 42.85 43.00 43.00 43.00 43.007 40.25 41.80 42.45 44.45 44.90 44.95 44.95 44.95

SGO Leaf 1-5 39.50 40.70 41.45 43.15 43.40 43.40 43.40 43.4063 6 43.95 45.75 46.25 48.50 48.70 48.70 48.70 48.70SM Leaf 1-2 43.95 45.75 46.25 48.50 48.70 48.70 48.70 48.7024 3 42.70 44.50 45.25 47.50 47.70 47.70 47.70 47.70

4 41.70 43.50 44.00 46.25 46.45 46.45 46.45 46.455 40.20 42.00 42.50 44.70 44.90 44.90 44.90 44.906 43.80 45.60 46.10 48.35 48.55 48.55 48.55 48.55

T MID Leaf 1-2 43.80 45.60 46.10 48.35 48.55 48.55 48.55 48.55I 34 3 42.55 44.35 45.10 47.35 47.55 47.55 47.55 47.55N 4 41.55 43.35 43.85 46.10 46.30 46.30 46.30 46.30G 5 40.05 41.85 42.35 44.55 44.75 44.75 44.75 44.75E 6 42.60 44.40 44.90 47.20 47.35 47.35 47.35 47.35D SLM Leaf 1-3 41.85 43.40 44.40 46.70 46.85 46.85 46.85 46.85 44 4 40.95 42.65 43.40 45.70 45.85 45.85 45.85 45.85

5 39.45 41.20 41.70 43.95 44.15 44.15 44.15 44.15 6 41.60 43.15 43.65 45.95 46.10 46.10 46.10 46.10 LM Leaf 1-4 40.70 42.40 43.15 45.25 45.45 45.45 45.45 45.45

54 5 41.35 43.15 43.65 45.90 46.10 46.10 46.10 46.1025 Leaf 1 & 2 41.35 43.15 43.65 45.90 46.10 46.10 46.10 46.10

3 40.10 41.90 42.65 44.90 45.10 45.10 45.10 45.104 41.20 43.00 43.50 45.75 45.95 45.95 45.95 45.95

35 Leaf 1 & 2 41.20 43.00 43.50 45.75 45.95 45.95 45.95 45.953 41.05 42.75 43.25 45.75 45.95 45.95 45.95 45.95

1/ Discounts for all cells not shown are -4000

2/ COLOR GRADE SYMBOLS: SM-Strict Middling; MID- Middling; SLM-Strict Low MIddling; LM-Low Middling; SGO-Strict Good Ordinary; GO-Good Ordinary

3/ STAPLE LENGTH IN INCHES: (26-29)=13/16 thru 29/32; (30)=15/16; (31)=31/32; (32)=1; (33)=1-1/32; (34)=1-1/16; (35) = 1-3/32: (36) = 1-1/8; (37) =1-5/32 & longer

Yellow Stained

2016 Upland Cotton Loan ScheduleU. S. Location

SM & better

Page 4: 2016 Upland Cotton Loan Schedule€¦ · Base Loan Rate=52.00 Base = 0 cents per pound Level 1 Level 2 Strength (g/tex) points 17.9 & lower-500 Bark Tex-NM-Oklahoma-KS-320 -505 18.0

Base Loan Rate= 52.00Base = 0 cents per pound

Level 1 Level 2 Strength (g/tex) points 17.9 & lower -500

Bark Tex-NM-Oklahoma-KS-320 -505 18.0 - 18.9 -255Prep. All Locations -160 -630 19.0 - 19.9 -255Other 1/ -445 -705 20.0 - 20.9 -255

21.0 - 21.9 -255 22.0 - 22.9 -210 23.0 - 23.9 -180 24.0 - 24.9 -170 25.0 - 25.9 -145 26.0 - 26.9 0 27.0 - 27.9 0 28.0 - 28.9 0 29.0 - 29.9 5 30.0 - 30.9 25 31.0 - 32.9 40 33.0 & higher 45

2.4 and Below 2.5 through 2.6 2.7 through 2.9 3.0 through 3.2 3.3 through 3.4 Uniformity points 3.5 through 3.6 77.9 & lower -100 3.7 through 4.2 a/ 78.0 - 78.9 -90 4.3 through 4.9 79.0 - 79.9 -75 5.0 through 5.2 80.0 - 80.9 0 5.3 and Above 81.0 - 81.9 0

82.0 - 82.9 5a/ Premium applies only to white grades 11-41, leaf 1-6; 83.0 - 83.9 1551, leaf 1-5; light spotted grades 12-32, leaf 1-5; 84.0 - 84.9 2542, leaf 1-4; and 52, leaf 1-3. 85.0 - 85.9 35

86.0 & higher 45

Schedule of Premiums and Discounts Schedule of Premiums andfor Extraneous Matter Discounts for Fiber Strength

2016-Crop Upland Cotton 2016-Crop Upland Cotton

<------------points per pound----------->

Schedule of Premiums and Discountsfor Micronaire

2016-Crop Upland Cotton

Micronaire Reading points

1/ Bark in locations other than TX/NM/OK/KS. Extraneous matter other than bark and preparation, in all locations.

Schedule of Premiums and DiscountsUpland Cotton Length Uniformity

2016-Crop Upland Cotton

-945-895-585-350-180

0

Telephone: 806-792-4904FAX: 806-792-4906

www.plainscotton.org

2016 Upland Cotton Loan ScheduleU. S. Location

Prepared with the assistance of:

Plains Cotton Growers, Inc.4517 West Loop 289

Lubbock, Texas 79414

150

-230-375