Cotton AWP/LDP                09/03 16:35

Next week's LDP (POP) rate will be based on this week's five day average AWP,
plus or minus any change in the adjustment factor or any use of the Secretary's
discretionary authority.  The following table shows how this week's "A" index
prices may affect next week's Marketing Loan Gain.

                         Fri      Mon       Tue       Wed    Thu      1 Day
                        09/03    09/06     09/07     09/08  09/09      Avg
Current 5 Lowest Quotes 96.95                                         96.95
Estimated Adjustment    16.84                                         16.84
Estimated AWP           80.11                                         80.11

Current Week's LDP (POP)                Next Week's Estimated LDP (POP)
                       09/03-09/09      09/10-09/16
Loan Rate               52.00              52.00
AWP                     76.94              80.11    1 Day Avg
Marketing Loan Gain    -24.94             -28.11

Note: AWP is now calculated from the Far East Index.See the Cotton/Rice Archives Segment for Detailed Reports on Supply,Demand,Use