050080 Prices Received by Farmers for Cotton - Private Merchant

Project Code 186 QID 050080		OMB No. 0535-0003: Approval Expires 6/30/2010
	PRICES RECEIVED BY FARMERS FOR COTTON Private Merchants Version November 2009								NATIONAL AGRICULTURAL STATISTICS SERVICE
Please make corrections to name, address and Zip Code, if necessary.							Texas Field Office P.O. Box 70 Austin, TX 78767 1-800-626-3142 Fax: 1-800-842-1331 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.
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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 2009 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 October Corresponding accounting period may be used							First two weeks of November 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
Texas	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	__ __ . __
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 October Corresponding accounting period may be used
		2009 Crop					2008 & Earlier
		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight
Texas	501	511	521	__ __ .	531		541	551	__ __ .	561
	502	512	522	__ __ .	532		542	552	__ __ .	562
	503	513	523	__ __ .	533		543	553	__ __ .	563
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 November Corresponding accounting period may be used
		2009 Crop					2008 & Earlier
		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight
Texas	571	581	591	__ __ .	601		611	621	__ __ .	631
	572	582	592	__ __ .	602		612	622	__ __ .	632
	573	583	593	__ __ .	603		613	623	__ __ .	633
All States Total		590					620

Do you purchase American Pima cotton from producers?. . .

Yes - Continue No – Sign, date & return form

Cash Purchases and Contract Deliveries 2009 Crop and Earlier AMERICAN PIMA 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 October Corresponding accounting period may be used					First two weeks of November 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
Texas	341	351	361 __ __.__	371	381 __ __.__		391	401 __ __.__	411	421 __ __.__
	342	352	362 __ __.__	372	382 __ __.__		392	402 __ __.__	412	422 __ __.__
	343	353	363 __ __.__	373	383 __ __.__		393	403 __ __.__	413	423 __ __.__
All States Total		360		380			400		420

AMERICAN PIMA 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 October Corresponding accounting period may be used
		2009 Crop					2008 & Earlier
		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight
Texas	201	211	221	___ ___ .	231		241	251	___ ___ .	261
	202	212	222	___ ___ .	232		242	252	___ ___ .	262
	203	213	223	___ ___ .	233		243	253	___ ___ .	263
All States Total		220					250

AMERICAN PIMA 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 November Corresponding accounting period may be used
		2009 Crop					2008 & Earlier
		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight		Bales Purchased	Option Payment Per Bale Nearest Dollar		Average Bale Weight
Texas	271	281	291	___ ___ .	301		311	321	___ ___ .	331
	272	282	292	___ ___ .	302		312	322	___ ___ .	332
	273	283	293	___ ___ .	303		313	323	___ ___ .	333
All States Total		290					320

Respondent Name: ___________________________

Phone: ( )___________________________

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

According to the Paperwork Reduction Act of 1995, an agency many not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a Valid OMB control number. The valid OMB number is 0535-0003. The time required to complete this information collection is estimated to average 20 minutes per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.