050080 Prices Received Cotton private merchants

Project Code 186 QID 050080		OMB No. 0535-0003: Approval Expires 6/30/2007
	PRICES RECEIVED BY FARMERS FOR COTTON July 2007								NATIONAL AGRICULTURAL STATISTICS SERVICE
Please make corrections to name, address and Zip Code, if necessary.							Louisiana Field Office 5825 Florida Blvd. Room 1179 Baton Rouge, LA 70806-4248 1-800-256-4485 Fax: 1-888-922-0744 E-mail: [email protected]
						Average prices received by farmers for cotton are needed to compute price indexes, parity prices, and farm income. By supplying the information requested below, you will be helping to accurately estimate prices received by farmers. Response to this survey is voluntary and not required by law However your cooperation is very important to the accuracy of the cotton price. Individual reports are kept confidential. Please fax your report or mail it in the enclosed postage paid envelope. Thank you.
			OFFICE USE
				001
				002	1

Instructions for Reporting Prices
Please report average prices for the time period specified. The prices should reflect an f.o.b. warehouse price. Reported price should account for all grades of cotton purchased or delivered to your firm directly from producers as first time sales, without regard to eventual ownership or user. Include only cotton for which you paid or will pay the check-off as cotton purchased from producers. Exclude purchases from country buyers or other merchants. To arrive at an f.o.b. warehouse price, start with (1) the average price paid per pound to producers for cash purchases and contract deliveries, or (2) dollars per bale for option purchases (Form 605) for the period, or (3) the total dollars paid for cash or option purchases cotton during the period. Then, make the necessary adjustments, if any, listed below.
Items TO BE Deducted from Reported Price:		Items NOT TO BE Deducted from Reported Price:
	Compression and loadout; Interest, storage and other marketing charges incurred after the producer relinquishes title; Any government payments (i.e., loan deficiency payments, “POP” payments); Gains from repaying loan at less than the loan rate.		Transportation costs to the warehouse; Warehouse receiving charges; Interest, storage and other marketing cost incurred by the producer while retaining ownership; Producer check-off fees for the Cotton Research and Promotion Assessment Program.
Note: If current deductions or add-ons are not available, use the average of the previous 3 years projected to the current year.

Cash Purchases and Contract Deliveries 2006 Crop and Earlier UPLAND Cotton Report cash cotton purchased directly from farmers except Form 605 transactions. Form 605 transactions should be reported as cotton acquired under loan. Include only cash cotton for which you paid or will pay the check-off fee as cotton purchased from producers. If "POP" cotton, exclude direct government payment to producer.
State of Origin	OFFICE USE (FIPS CODE)	Full month of June Corresponding accounting period may be used							First two weeks of July Corresponding accounting period may be used
		Cash Purchases			Contract Deliveries				Cash Purchases			Contract Deliveries
		Number of Bales	Average Cents Per Pound		Number of Bales	Average Cents Per Pound			Number of Bales	Average Cents Per Pound		Number of Bales	Average Cents Per Pound
Louisiana	641	651	661	__ __ . __	671	681	__ __ . __		691	701	__ __ . __	711	721	__ __ . __
	642	652	662	__ __ . __	672	682	__ __ . __		692	702	__ __ . __	712	722	__ __ . __
	643	653	663	__ __ . __	673	683	__ __ . __		693	703	__ __ . __	713	723	__ __ . __
	644	654	664	__ __ . __	674	684	__ __ . __		694	704	__ __ . __	714	724	__ __ . __
	645	655	665	__ __ . __	675	685	__ __ . __		695	705	__ __ . __	715	725	__ __ . __
	646	656	666	__ __ . __	676	686	__ __ . __		696	706	__ __ . __	716	726	__ __ . __
	647	657	667	__ __ . __	677	687	__ __ . __		697	707	__ __ . __	717	727	__ __ . __
	648	658	668	__ __ . __	678	688	__ __ . __		698	708	__ __ . __	718	728	__ __ . __
All States Total		660			680				700			720

UPLAND Cotton under Loan Acquired from Producers by Option Payments (Using Form 605) Report the number of bales, option payment and average net weight per bale.
State of Origin	OFFICE USE (FIPS CODE)	Full month of June Corresponding accounting period may be used
		2006 Crop					2005 & Earlier
		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight
Louisiana	501	511	521	__ __ .	531		541	551	__ __ .	561
	502	512	522	__ __ .	532		542	552	__ __ .	562
	503	513	523	__ __ .	533		543	553	__ __ .	563
	504	514	524	__ __ .	534		544	554	__ __ .	564
	505	515	525	__ __ .	535		545	555	__ __ .	565
	506	516	526	__ __ .	536		546	556	__ __ .	566
	507	517	527	__ __ .	537		547	557	__ __ .	567
	508	518	528	__ __ .	538		548	558	__ __ .	568
	509	519	529	__ __ .	539		549	559	__ __ .	569
All States Total		520					550

UPLAND Cotton under Loan Acquired from Producers by Option Payments (Using Form 605) Report the number of bales, option payment and average net weight per bale.
State of Origin	OFFICE USE (FIPS CODE)	First Two Weeks of July Corresponding accounting period may be used
		2006 Crop					2005 & Earlier
		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight
Louisiana	571	581	591	__ __ .	601		611	621	__ __ .	631
	572	582	592	__ __ .	602		612	622	__ __ .	632
	573	583	593	__ __ .	603		613	623	__ __ .	633
	574	584	594	__ __ .	604		614	624	__ __ .	634
	575	585	595	__ __ .	605		615	625	__ __ .	635
	576	586	596	__ __ .	606		616	626	__ __ .	636
	577	587	597	__ __ .	607		617	627	__ __ .	637
	578	588	598	__ __ .	608		618	628	__ __ .	638
	579	589	599	__ __ .	609		619	629	__ __ .	639
All States Total		590					620

Do you purchase American Pima cotton from producers?

Yes No

Respondent Name: ___________________________

Phone: ( )_______________________________

9910 MM DD YY Date: __ __ __ __ __ __

According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless it displays a valid OMB control number. The time required to complete this information collection is estimated to average 10 minutes per response.